The price of lithium carbonate may fluctuate widely. How is the current actual demand performance?

On the supply side, from a medium-term perspective, the quarterly report of Australian mining companies was released, and production was reduced or production was suspended. The pressure of oversupply narrowed. However, in the short term, under the background of price rebound, weekly production continued to increase slightly month-on-month. On the demand side, the production schedule of lithium iron phosphate cathode materials continued to increase month-on-month, but it was affected by high prices, and the purchasing enthusiasm was not good. On the inventory side, social inventory continued to disintegrate. The structure is mainly based on intermediate links connecting to the upstream, and downstream digestion. In the context of the current actual demand showing sustained prosperity, it is still not appropriate to be overly bearish on prices, but there are still sustainability issues of hedging pressure and upward momentum above prices, and prices may fluctuate widely.