The most-traded GFEX (Guangzhou Futures Exchange) lithium carbonate futures contract remained bullish in the week ending March 27, with the settlement price recording a weekly gain of 17.09% as of March 27 compared with the previous Friday, data showed. The weekly increase was primarily due to the players starting to trade the expectations of tightening lithium ore supply amidst on-going supply disruptions when it is almost an established fact that the demand end will stay resilient based on the LFP cathode production scheduling in April, thanks to robust energy storage market.