On July 15, the market price of electrolytic cobalt declined Yuan 3,500/tonne to Yuan 374,818-378,682/tonne. In addition, the market prices of cobalt sulfate and cobalt chloride continued to be unchanged at Yuan 85,000/t-86,000/t and 102,000-104,000/t respectively.The cobalt salt market remains in a weakly stable state, characterized by a long-short tug-of-war, with limited momentum on either side. Sellers exhibit a strong inclination to hold prices firm, while downstream buyers maintain considerable pressure for price concessions, resulting in predominantly small-lot transactions.On the supply side, tightening export quotas from the Democratic Republic of the Congo (DRC) provide underlying support. On the demand side, slowing growth in end-use consumption, particularly in NMC batteries and 3C products, exerts downward pressure. This two-way dynamic has significantly constrained price flexibility.