On July 30, the market price of electrolytic cobalt increased Yuan 3,318/tonne to Yuan 338,955-342,182/tonne. In addition, the market prices of cobalt chloride and cobalt sulfate remained unchanged at Yuan 100,000-102,000/t and 80,000/t-83,000/t respectively.Yesterday, the cobalt market continued its weak off-season performance, with trading remaining thin. Downstream cathode material and alloy sectors entered their traditional production adjustment period, weakening their ability to absorb raw materials. Order intake for ternary precursor producers showed no meaningful improvement, making cobalt chloride the most difficult cobalt salt to sell. The cobalt sulfate market also experienced sparse trading, with most downstream participants adopting a wait-and-see stance.