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Everbright Futures: Two consecutive days of gains, what data to watch for in lithium carbonate after the holiday?
Lithium carbonate rises for the second consecutive day. On February 12, the main contract 2605 briefly broke through the 150,000 yuan/ton mark during trading. In the short term, resource minerals are resonating higher. News-wise, the world’s largest lithium producer, Albemarle Corporation, announced a suspension of its Kemerton lithium refinery in Western Australia, affecting lithium hydroxide output. Considering that funds before the holiday are mainly for risk aversion, caution is advised when chasing gains in lithium carbonate. (Everbright Futures)