Fubao data: battery-grade spot basis index -2,950 yuan/ton (unchanged).
Battery-grade lithium carbonate 160,250 yuan/ton, up 1,000; industrial-grade
(composite) 157,600, up 1,000; premium battery-grade 161,250, up 1,000. Lithium
Hydroxide index 146,333 yuan/ton, up 1,000. Metallic lithium index 1,110,000
yuan/ton (unchanged). Fubao brine (lithium sulfate) discount factor 76%
(unchanged). Spot lithium carbonate gains attributed to firm downstream
restocking demand.