Lithium carbonate futures prices rose sharply by more than 7%. What happened?

Gold Ten Futures Special New Lake Futures Comments: On July 24, lithium carbonate futures prices rose sharply by more than 7% during the session, increasing positions by 11w + hands. During the session, concerns about mining rights were fermented again. Market news spread that a large mica mine was suspended. At this stage, it could not be confirmed or falsified, and funds and emotions rose again. The short-term lithium price market is greatly affected by sentiment and capital, and the fundamental pricing weight is low. Mineral risk concerns are expected to have a certain fermentation window before September. Market speculation is strong, and irreversible sentiment is operating. At this stage, lithium carbonate is in the pattern of "weak reality and strong expectations", and the fundamentals have not improved significantly. In the medium term, it is still a pattern of certainty and excess. In the case of high lithium prices, the willingness of smelters to submit warehouse receipts to lock in disk profits has increased, and the registration speed of warehouse receipts may be accelerated. Investors are advised to remain rational about market news. In the short term, it is recommended to wait and see. After the short-term sentiment subsides, choose the opportunity to establish empty orders.