On the demand end, the LFP producers produced based on the orders received, and the demand for lithium carbonate was modest as they had sufficient in-plant raw material stocks. Currently the producers mostly focused on the negotiations of long-term orders with the battery cell factories, and the price competitions were intensive. It is expected that the lithium carbonate supply and demand will both stay robust in December, and the bullish news on the macro front could hardly lift the prices significantly. And the destocking will probably a key signal for the lithium carbonate price pivot.