For lithium carbonate, the futures price continued to pull back from high, which encouraged spot market transactions. Downstream inquiries were active, and the traders maintained strong sales volumes. The transaction basis remained unchanged, with the vast majority settled through direct pricing. This week, some traders saw a noticeable increase in shipment volumes to downstream buyers. However, as lithium refineries also actively released cargoes, the overall weekly inventory among surveyed traders edged down, while the spot basis showed weakness. But the overall fundamentals remained strong still.