On December 17, the price of electrolytic cobalt remained unchanged at Yuan 411,000-412,556/tonne from the previous trading day. At the same time, the prices of cobalt chloride and cobalt sulfate continued to remain stable at Yuan 90,000/t-95,000/t and 108,000-114,000/t respectively.After downstream end-users completed their high-priced procurement, the market has resumed a period of relative calm. Low-priced cobalt resources are scarce, leading to a gradual increase in overall prices. New cobalt sulfate quotations have risen to over Yuan 90,000/tonne, but downstream demand appears somewhat sluggish, with cobalt sulfate currently facing a situation of nominal prices without active trading. As of now, raw material supply remains tight, and upward momentum for cobalt sulfate persists, though it is expected to stabilize in the near term.