For lithium carbonate, the futures price hovered rangebound and closed the session in the negative. The downstream players slowed their procurement at the beginning of the month after active stockpiling in the early stage, and the bids were relatively low. In addition, Mysteel's survey showed that China's lithium carbonate production is likely to rise 1.3% MoM in April, after a significant MoM increase of around 27% in March.