The prices of cobalt sulfate remained stable at Yuan 48,000-5,000/t yesterday. There were few market offers, with short-term sentiment continuing to drive price fluctuations. However, weak demand from the downstream ternary sector persisted, while domestic raw material and finished product inventories remain sufficient to meet short-term supply needs. As a result, the current price increase appeared relatively rational, with a few offers around Yuan 50,000/t. Nevertheless, given the ongoing expectations of medium-to-long-term tightness in raw material supply, cobalt sulfate prices are expected to maintain an upward trend in the near term.