Most-active lithium carbonate futures contract dropped below 90,000 yuan/ton, down nearly 7% and marking the lowest level since November 2025; prices have fallen about 60% cumulatively so far in May.

克里姆林宮助手烏沙科夫：如果烏克蘭在11月4日慶祝活動期間發動大規模襲擊，這可能影響俄羅斯對三方談判的態度。

China International Capital Co said the Fed held in October and retains a firm anti-inflation stance but can be patient. Some previously hawkish officials have moved to a wait-and-see posture, reducing the urgency for consecutive hikes. Since the September increase US financial conditions have tightened marginally and the inflation risk premium has eased, giving the Fed scope to observe policy effects. The report expects one more hike in December followed by a pause, and characterizes the current tightening as more likely moderate and gradual than aggressive. A Fed official announced plans from next year to reduce the frequency of rate votes and to devote some meetings to long-term strategy, continuing efforts to reform the Fed’s policy framework. Near-term risk of surprise additional tightening has declined, though the medium-term stance remains tilted toward tightness.