For lithium carbonate, the lithium export ban of Zimbabwe did not show signs of lossening after the restriction was introduced on February 25, which fueled the lithium carbonate price hike, coupled with easing disruptions on the macro front. On the spot market, the transactions remained active when carbonate prices were around Yuan 140,000/tonne. In addiction, Mysteel's survey indicated that the April production scheduling of LFP cathode will likely rise further compared with March, reinforcing the expectations of a tight market balance in April.