For lithium carbonate, the prices showed palpable declines yesterday with the rumors of production resumption further fermenting. The price cut fueled the spot transactions especially when the demand end was robust. Mysteel's survey showed that China's LFP production will likely reach 405,600 tonnes in November, up 2.5% MoM from 395,700 tonnes in October. The lithium carbonate prices are expected to remain rangebound on active demand and progress of the rumored production resumption.