Last week, spot quotes for cobalt intermediates ranged from USD $25.8-$26.0 per pound, remaining flat. Market availability was extremely limited, with no transactions concluded, and the only recent deal was at USD $25.8 per pound. Meanwhile, current offers remained steady at around USD $26.0/lb. Shipments of cobalt intermediates from the DRC continue to face delays, and market participants believe that logistics are unlikely to improve significantly in March. It is currently anticipated that a small batch of concentrated arrivals may occur in late April, with a more noticeable increase in shipments expected between May and June. Due to limited availability in March and April, cobalt intermediates price increases during this period are expected to be constrained by trading volumes.