On April 27, the price of electrolytic cobalt declined Yuan 495/tonne to Yuan 408,318-411,045/tonne from the previous trading day. In addition, the prices of cobalt sulfate and cobalt chloride continued to be stable at Yuan 93,000/t-96,000/t and 113,000-118,000/t individually.Supported by strong raw material costs, mainstream smelters of cobalt sulfate held firm on their price offers. However, downstream manufacturers showed strong intentions to depress prices, while quotes from small and medium-sized plants remained stable. There is limited restocking activity for ternary materials, with mainstream transaction prices staying around Yuan 91,000/tonne. Purchases from other downstream industries were concluded at approximately Yuan 94,000/tonne. The transaction price of cobalt chloride remained stable at around Yuan 115,000/tonne.