On September 16, the market price of electrolytic cobalt declined Yuan 3,000/tonne to Yuan 278,591-281,091/tonne. In addition, the market price of cobalt chloride declined Yuan 1,000/tonne to Yuan 78,000-80,000/tonne, while that of cobalt sulfate remained stable at 63,000/t-65,000/tonne.Yesterday, cobalt chloride quotations were generally lowered, while cobalt sulfate remained relatively stable. However, the actual transaction prices shifted toward the low end, with overall trading activity remaining light. Although some market players showed cobalt chloride prices unchanged at Yuan 80,000/tonne, a comprehensive assessment indicates that the actual negotiation center in the market has moved downward. Downstream purchasing sentiment was sluggish, actual transactions were limited, and the market exhibited a "price without market" condition. The actual transaction performance in the cobalt sulfate market was not optimistic.