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Description. Cobalt(II) chloride (CoCl 2) is the most common cobalt compound found in laboratories. The dramatic color change of blue-purple Cobalt(II) chloride to a rose color when hydrated makes CoCl 2 an excellent indicator for water in dessicants.
Cobalt traded at 81,250 on Wednesday February 21. Historically, Cobalt reached an all time high of 81500 in February of 2018 and a record low of 21750 in February of 2016. Cobalt is a hard, lustrous, grey metal with a high melting point (1493Â°C). Cobalt is used mainly in production of chemicals (58 percent), super alloys for gas turbine blades and jet aircraft engines, special steel, carbides, diamond tools and magnets.