On January 15, the price of electrolytic cobalt moved up Yuan 500/tonne to Yuan 451,682-454,000/tonne from the previous trading day. At the same time, the prices of cobalt sulfate and chloride remained rose Yuan 500/t and 1,000/t respectively to Yuan 95,000/t-98,000/t and 115,000-119,000/t individually.Cobalt sulfate production has been under significant pressure, with smelters maintaining high price quotations. Newly stocks were generally priced above Yuan 95,000/t. As the market is currently in a seasonal off-season, downstream buyers generally show limited willingness to build inventory, focusing instead on reducing existing stockpiles. However, recent reports indicate some downstream inquiries for thousand-tonne quantities at around Yuan 96,000/t, with small-volume chemical orders concluded in the range of Yuan 97,000-98,000/t.