For lithium carbonate, the futures price closed the session above Yuan 200,000/tonne, suggesting robustness across the industry chain. Mysteel's recent survey showed that the production of LFP and ternary cathode is projected to rise 4.31% and 7.65% MoM respectively in May, while the lithium carbonate production will likely contract due to feedstock shortage, creating a supply void and offering firm support to lithium prices.