Citi has published a research report initiating an upside 90-day catalyst watch for Tianqi Lithium (002466.SZ) -0.110 (-0.362%) on potential future supply discipline.Given that lithium prices have accelerated their decline in recent weeks, Citi estimated that more supply will be cut in the next three months, shifting the lithium market from oversupply to a state of precarious balance and posing short-term upside risks for lithium prices. Nevertheless, the oversupply situation remains this year, and continued pressure is expected for the next 12 months.Related NewsM Stanley's Latest Focus List for H Shrs/CN ADRs/ A Shrs (Table)Meanwhile, new entrants such as ZIJIN MINING (02899.HK) -0.240 (-1.320%) Short selling $232.37M; Ratio 33.799% and Rio Tinto Group (RIO.US) may also extend the downside cycle of lithium prices.Citi currently assigns a Sell rating to Tianqi Lithium with a target price of RMB26.26.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-05 16:25.) (A Shares quote is delayed for at least 15 mins.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)