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CICC Wealth Futures: Lithium carbonate is mainly driven by sentiment, and current fluctuations may still be relatively high.
Energy storage tariffs decrease by about 5%, stimulating a sharp rise in lithium carbonate. Before the holiday, the market was optimistic about downstream demand for lithium carbonate in March. However, post-holiday production and sales data have not yet been released, and lithium carbonate is currently driven mainly by sentiment. We believe that overly optimistic demand forecasts carry risks, and price fluctuations may still be relatively high at this stage. (CICC Wealth Futures)