For lithium carbonate, the refineries slowed the shipment with lithium prices on the rise, especially when some refineries had maintenance plans in the near future. The downstream cathode plants, on the other hand, purchased appropriately for the production during the Chinese New Year holiday. On the whole, it is likely that the lithium carbonate prices will remain firm based on the fundamentals, and the February production scheduling and demand recovery in the power battery sector are worth attention.