Zheng Quan Shi Bao Wang·2024-12-13 00:23Core Viewpoint - The report from Guotai Junan indicates that lithium prices are expected to enter a bottoming phase by the end of 2024, with a potential for price fluctuations in the bottom range throughout 2025 if demand remains neutral [1] Market Outlook - The market currently holds an optimistic view on demand for lithium in 2025, while the industry's supply growth has already begun to slow down [1] - It is anticipated that lithium prices will fluctuate within a bottom range in 2025, with strong rebound opportunities influenced by seasonal factors [1] Trading Expectations - The trading expectations for the lithium sector are emerging earlier, as the sector has already priced in expectations for industry clearing during the commodity price bottoming phase [1] - When the industry actually enters a supply clearing phase, the sector will begin to trade based on expectations of a reversal in commodity prices [1] - Consequently, the rise in the lithium sector is expected to initiate before the actual reversal of spot prices [1]