February 3 News — According to industry data, the total production scheduling for energy storage and power batteries in China in February 2026 decreased by approximately 10.5% month-on-month due to the impact of the Spring Festival, but increased by 50% year-on-year. Chempricehub's analysis of lithium carbonate indicates a bearish score of -1.5. The article shows that battery production scheduling in February 2026 fell by 10.5% month-on-month, influenced by the Spring Festival factor, leading to a short-term weakening in demand for energy storage and power batteries. This has exerted downward pressure on the spot price of lithium carbonate, as lithium carbonate is a key raw material for lithium-ion batteries, and reduced demand may suppress spot prices. In terms of futures, data from February 2, 2026 shows that the main contract 2605 closed at 132,440 yuan per ton, down 12,440 yuan for the day, with open interest decreasing by 24,903 lots and trading volume remaining high. This indicates that the market has already priced in expectations of weak demand in advance, and the month-on-month decline has reinforced short-term bearish sentiment. The year-on-year increase of 50% reflects long-term demand resilience, providing some support, but short-term factors remain dominant. The overall score of -1.5 indicates a generally bearish outlook, as seasonal factors are significant but do not represent a long-term trend reversal.