On February 26, the price of electrolytic cobalt surged Yuan 6,859/tonne to Yuan 441,418-442,727/tonne from the previous trading day. In addition, 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.Cobalt sulfate prices remained supported by strong raw material costs, with major smelters demonstrating a firm stance on price support. The market's comprehensive price new cobalt sulfate was currently holding steady at around Yuan 96,000/tonne. The downstream NCM precursor sector has entered its traditional low season, restricting procurement to essential needs only. Meanwhile, post-holiday market sentiment was mixed. In detail, some producers have suspended quotations, others are maintaining pre-holiday price levels. A limited number of manufacturers offered at Yuan 94,500/t (terms: payment upon delivery).