The lithium carbonate market was primarily influenced by enhanced regulatory efforts and high volatility in peripheral non-ferrous metals prices. The news front was relatively silent with little significant change. Last Friday, downstream players engaged in substantial restocking with lithium carbonate futures price nearly hitting limit down, leading to a sharp reduction in inventories across the trade sector. In the short term, the market tug-of-war surrounding downstream restocking appears to have concluded for now. Prices are expected to return to a more rational trajectory.
