S&P Global Platts discontinues Russian and Zambian-origin DDP US cobalt assessments

S&P Global Platts has discontinued the Russian and Zambian-origin DDP US cobalt assessments effective July 31, 2020, reflecting diminished spot liquidity. The last day of assessment for both prices was July 30.

The material from these origins is now reflected in Platts in-warehouse Europe and DDP US assessments, after normalization to standard parameters.

Platts published the decision on May 11 and a relevant subscriber note can be found here: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/051120-sampp-global-platts-to-implement-changes-to-global-cobalt-metal-coverage.

The Russian (MMANL04) and Zambian (MMAKF00) prices were previously published on the real-time Platts Metals Alert's fixed pages MT0375, MW0375, PMA0375, in the Metals Daily, Metals Week Supplement and in the Platts price database under the codes mentioned above.

Please submit any feedback, comments or questions about these proposals to EMEAMetalsTeam@spglobal.com and pricegroup@spglobal.com

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