The cobalt chloride market continued its sluggish trend, with no notable improvement in inquiry activity and order placement remaining sparse. On the supply side, although most smelters kept their offers stable, the current quotes largely reflected upstream producers' price-supporting intentions, while actual transactions at these quoted levels faced considerable difficulty. On the demand side, downstream buyers were predominantly influenced by the buy-on-rising, shy-away-on-falling mentality, leading to cautious procurement decisions and a strong wait-and-see stance. In addition, ample downstream inventories further reduced the urgency for new purchases.The cobalt sulfate market saw generally muted trading sentiment, with downstream participants mostly adopting a wait-and-see approach. Similar to cobalt chloride, market inquiries and contract signings remained limited, and prices largely moved in a sideways consolidation pattern.