The market prices of electrolytic cobalt surged Yuan 10,000/t yesterday due to the suspension of cobalt exports in the Democratic Republic of Congo and the potential spot supply concerns. At present, the futures quote at Yuan 250,000/t and mainstream electrolytic cobalt brands chose not to make quotations. The market's trading atmosphere became active, while the traders were unwilling to sell and held a wait-and-see attitude. It is expected that the electrolytic cobalt prices hike will continue.