Cobalt price trend, July 2026 — battery demand on the mend

This month's cobalt summary

As of July 2026, international cobalt (CAS 7440-48-4) prices are trending modestly upward from the previous month. The main drivers:

• Recovering EV battery demand — despite the shift toward high-nickel cathodes, cobalt demand remains firm.
• Supply-side issues — logistics and refining variables in the Democratic Republic of the Congo (DRC), which accounts for a large share of global cobalt supply, are affecting short-term prices.

Note for procurement teams

In periods of short-term volatility, staggered ordering and inventory buffers are effective. TKNCO regularly supplies high-purity cobalt powder (≥ 99.95%, 2 / 4 / 10 μm); samples are available within 2 weeks of request.

This brief is provided for general information and does not guarantee contract prices at any given time. For an exact quotation, we reply within 24 business hours.