China's lithium carbonate production jumped 2.96% in the reporting period as the lithium carbonate producers closed their hedging positions when the lithium carbonate prices rose. And the arriving lithium ore resources also addressed the raw material supply shortage. Concerning the inventory, the smelters closed their hedging positions after LC 2401 touched Yuan 87,000/tonne last week, and the stocks went to the traders when the prices were on the rise. But when the prices started to fall, the stocks gradually went to the downstream players.