Haitong Futures: Lithium carbonate surges intraday to meet exchange margin calls, options see a significant rise

Regarding lithium carbonate, we still recommend buying on dips. Currently, it is a rebound phase. Wanting to push the price too high before the holiday is not easy. Funds can fully wait until the correction in precious metals and bulk commodities ends before re-entering. Overall forecast: the low point is expected in February. The price trend will be determined by March’s production scheduling data. If the data exceeds expectations, prices will continue to rise. The subsequent sustainability depends on the strength of H2 support. In a bull market, rapid declines are common, so it depends on how the market interprets this. (Haitong Futures)