On March 13, the price of electrolytic cobalt declined Yuan 1,961/tonne to Yuan 426,886-427,545/tonne from the previous trading day. Moreover, the prices of cobalt sulfate and cobalt chloride continued to remain stable at Yuan 95,000/t-98,000/t and 115,000-120,000/t respectively.Last Friday, spot prices for electrolytic cobalt exhibited a stable-to-weak trend, with the market entering a consolidation phase following a period of continuous increases.