On May 8, 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 respectively. Last week, cobalt sulfate and cobalt chloride prices remained temporarily stable, with thin market trading and low purchasing willingness from downstream buyers. The mainstream market quotations from cobalt sulfate plants ranged between Yuan 91,000/tonne and Yuan 96,000/tonne, while actual transaction prices were largely stable at Yuan 90,000-91,000/tonne.