The lithium carbonate prices significantly pulled back last Friday with the unleash of bullish sentiment, including signs of a slowdown in lithium carbonate inventory drawdown, rumors of a top-tier battery cell factory reducing September production scheduling, gradually resuming lithium carbonate supply, among others. And the capitals also withdrew from the futures market, further weighing on the prices.
With lithium salt prices dropping sharply last Friday, it boosted dip-buying and expanded transaction volumes, with basis continuing to strengthen. Peak-season demand and pre-holiday stocking have kept downstream buying sentiment constructive.
