Each publication contains detailed individual analyst and average (mean) price forecasts for the next 8 quarters, as well as the long-term outlook for the upcoming 10 year period. This is complemented with in-depth graphical and written analysis.

In addition, Energy and Metals Consensus Forecasts features a closer look at changes in the macroeconomic outlook in the world’s major economies, and a selection of currency forecasts taken from our Foreign Exchange Consensus Forecasts publication.

Energy and Metals Consensus Forecasts

The publication has many practical uses including commodity investment analysis, risk management, corporate planning, and budgeting. The commodities covered have been selected for their global appeal and traded on prominent futures markets such as the London Metal Exchange (LME), New York Mercantile Exchange (NYMEX) and InterContinental Exchange (ICE).

Forecast Coverage for Cobalt

Cobalt, which is a by-product of Nickel, is commonly used in rechargeable batteries, electronics and health care. The forecasts featured in our publication are based on:
  • Cobalt LME cash price - minimum 99.3% purity.

Cobalt Price History

The chart below illustrates the trend in Cobalt prices since January 2011, measured in US$/lb.
Cobalt Historical Price Chart

Consensus Forecasts for Cobalt

The sample table below has been extracted from our January 2019 survey, showing price forecasts for Cobalt. The publication includes forecasts for more than 30 other commodities, and the accompanying Excel file includes individual panellist forecasts for all commodities featured in Energy and Metals Consensus Forecasts.

Cobalt Price Forecasts from January 21, 2019 Survey (US$/lb)
Survey spot = US$25.38 Consensus (mean) % change from spot High Low
March '19 28.64 +12.9% 35.00 22.68
June '19 28.47 +12.2% 40.00 19.50
Sep. '19 26.74 +5.4% 35.00 17.92
Dec. '19 25.59 +0.9% 35.00 16.56
Download a sample below to see a complete table of forecasts, charts and long-term price outlook

Cobalt and Coverage of Other Commodities

A complete sample issue of the publication, which also includes Consensus Forecasts™ for Nickel and Lithium, as well as ferrous, non-ferrous and precious metals, can be downloaded by clicking below. If you have any questions, please contact us at Consensus Economics.