On January 28, the price of electrolytic cobalt remained stable at Yuan 437,455-440,000/tonne from the previous trading day. At the same time, the prices of cobalt sulfate and cobalt chloride continued to be flat at Yuan 95,500/t-98,500/t and 115,000-119,000/t respectively.Yesterday, the downstream demand for cobalt sulfate remained sluggish, with relatively quiet market activity. Producers' quotations held steady, while downstream inquiries emerged at around Yuan 92,000/tonne for firm orders. However, the gap between buyer offers and seller expectations was too wide, resulting in a tug-of-war between both sides.