Pakistan's foreign ministry urged both sides to adhere to the ceasefire agreement amid recent escalation.

Fubao's electric-grade lithium carbonate spot basis index was -2,950 yuan/ton, unchanged. Battery-grade lithium carbonate 162,500 yuan/ton, down 3,000; industrial-grade (composite) 159,850 yuan/ton, down 3,000; premium battery-grade 163,500 yuan/ton, down 3,000. Lithium hydroxide index 148,833 yuan/ton, down 4,000. Metallic lithium index 1,110,000 yuan/ton, unchanged. Fubao brine-sourced lithium sulfate discount factor 77%, up 1 percentage point. Spot lithium carbonate prices fell and onshore market sentiment is cautious.

European equities closed lower on June 3: Germany's DAX fell 305.57 points (-1.22%) to 24,811.29; FTSE 100 declined 42.09 points (-0.41%) to 10,331.42; France's CAC 40 dropped 58.67 points (-0.71%) to 8,150.42; Stoxx Europe 50 fell 51.90 points (-0.85%) to 6,055.95; Spain's IBEX 35 slipped 92.28 points (-0.51%) to 18,179.72; Italy's FTSE MIB lost 494.04 points (-0.98%) to 50,084.50.