Commodity Market Report
Global cobalt short-term outlook June 2022
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
June was a dismal month for cobalt, as the benchmark (European) price tumbled by 16% from the start of the month to finish at US$32.3/lb. Yet, the price differential between China and Europe remained as big as last month as the price in China continued to fall in an oversupplied market. This in turn encouraged Chinese refineries to export more units, customers in Europe and the US were, however, reluctant to purchase in large volumes amid souring sentiment. In contrast to a relatively quiet spot market, the futures market became more active this month with CME’s traded volumes reaching a record high, a signal that this dismal may be temporary.
Table of contents
- Electra began evaluation of a new cobalt refinery in Quebec
- Indonesian tax on coal-fired power plants delayed
- BASF to build black mass plant in Schwarzheide
- Panther Metals reports maiden Ni-Co estimate for Coglia
- IBC agrees framework with CATL for EV battery development
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Corporate resilience to a tariff-induced downturn
Our Corporate and Mining experts discuss the implications of President Trump's tariff policy and the market reaction.
$1,050
Commodity Market Report
Global GDP data Q2 2025
Wood Mackenzie's proprietary GDP forecasts by country to 2060.
$3,250
Insight
From alloys to batteries: how US tariffs are reshaping the cobalt value chain
Our analysis of the impact of US tariffs on the cobalt value chain.
$1,050
