January 23 News - JPMorgan recently stated that it is more optimistic about short-term lithium prices but remains cautious in the medium term. Chempricehub analyzed lithium carbonate with a bullish-bearish score of 1. JPMorgan's optimism toward short-term lithium prices suggests improved market sentiment and stronger demand expectations, which may drive spot price increases. Combined with lithium carbonate futures data, the main contracts for 2026-01-22, such as 2605 (closing price 168,780 yuan/ton, change +4,580 yuan/ton) and 2609 (closing price 170,120 yuan/ton, change +4,560 yuan/ton), generally rose, with active trading volumes (e.g., 2605 trading volume 464,397 lots), indicating a continuation of the short-term bullish trend. However, the cautious medium-term outlook highlights potential changes in supply-demand balance (e.g., risks of capacity expansion), which could bring downward pressure. Overall, short-term positive factors dominate, warranting a generally favorable score.