For lithium carbonate, the futures price plunged with bearish impact from the macro front, with non-ferrous prices showing drastic declines. On the spot market, the transactions significantly picked up to around 10,000 tonnes, as the price pullback boosted the downstream procurement. On the whole, though the lithium carbonate fundamentals are firm, the demand side resilience is within expectations. And the lithium carbonate prices are expected to hover rangebound in the near term.