For lithium carbonate, the futures price extended the strength on lingering supply concerns. On the other hand, the refineries ramped up the shipment with accumulating stocks during the holiday and on the backdrop of bullish lithium prices. On the fundamentals, Mysteel's survey indicated that the lithium carbonate supply is projected to rise around 15% month-on-month in March, while the battery cell production scheduling is likely to see a monthly growth of 30% with strong support from the energy storage sector.