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[SMM Analysis: Review of 2024 Spring Festival lithium-ion industry chain market and outlook after the holiday] According to SMM's data on February 17, affected by the continued losses in lithium salt companies purchasing overseas lithium ore and suspending/reducing production, as well as the seasonal maintenance of some lithium salt companies, it is preliminarily estimated that China's lithium carbonate output in February will decline by about 23% month-on-month to around 32,000 mt. Most of the salt plants under maintenance will gradually resume production around Lantern Festival, but most of the small and medium-sized lithium salt companies suspending production due to overseas lithium ore purchases will resume production based on market conditions, which may mean that China's lithium carbonate output will face a short supply gap in late February.

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