Fabled Silver Gold Corp T.FCO

😰Cobalt Prices Move Up As Sellers Hold Back😰

[JulianAssange]

Cobalt prices ticked up again on Friday February 24, as those with metal – both producers and traders – held back from making offers to consumers looking to secure material.

The increase marks the 16th session in a row in which prices have moved up, again hitting fresh multi-year highs. These levels have not been seen since 2008 when cobalt prices fell from $50 to $10 in the nine months between March and December, having taken almost two years to rise to that level. Metal Bulletin’s high grade cobalt price was up a mere 1.7% - compared with the previous session’s 10% increase – to settle at $23.00-23.15 per lb

https://www.metalbulletin.com/Article/3664818/Search-results/Cobalt-prices-move-up-as-sellers-hold-back-amid-tight-supply.html