LME Cobalt (Fastmarkets MB)

Data valid for 13 September 2019

LME CLOSING PRICES, US$ PER TONNE

Contract Price
Month 1 37326.97
Month 2 37461.97
Month 3 37596.97
Month 6 38001.97
Month 12 38811.97
Month 15 39216.97

LME CLOSING PRICES, US$ PER TONNE

Historical price graph

LME Cobalt (Fastmarkets MB) - contract specifications

Contract code CB
Contract type Futures
Delivery type Cash settled
Lot size 1 metric tonne
Contract period
Monthly prompts out to 15 months
Price quotation US dollars per metric tonne
Clearable currency USD
Minimum price fluctuation Venue
Outright  Carries 
LMEselect  $50.00  $0.01 
Telephone $0.01  $0.01 
Termination of trading Last LME business day of the contract month
Daily settlement procedure LME Trading Operations will calculate daily settlement values based on its published procedure
Final settlement price published by the LME Last trading day
Final settlement procedure1 Final settlement, following termination of the trading for a contract month, will be based on the reported arithmetic monthly average of the Fastmarkets MB Cobalt Standard Grade free market $/tonne in warehouse assessment which is available from 15:00 London time on the last trading day. Please note: the settlement price will be taken from the low end of the standard grade range
Trading venues LMEselect and inter-office telephone
Trading hours LMEselect 01:00 - 19:00 London time 
Inter-office telephone 24 hours a day 
Margining Realised variation margins applied

The Monthly Overview report provides a snapshot of key data relating to LME Cobalt (Fastmarkets MB)) including:

  • Trading volumes
  • Futures Market Open Interest (MOI)

Download historical data for this contract (including daily closing price forward curves, final settlement prices, daily volumes and exchange open interest) here: Historical data for cash settled futures

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