CSC(SH:601066) Qi Huo Ri Bao·2025-11-29 00:16Group 1: Market Performance - The U.S. stock market indices rose collectively for the fifth consecutive trading day, with the Nasdaq up 0.65%, the Dow Jones up 0.61%, and the S&P 500 up 0.54% [2] - The S&P 500 index achieved its largest weekly gain in five months, marking a seven-month streak of increases [2] Group 2: Commodity Prices - Spot silver and LME copper prices reached record highs, with spot silver rising 5.7% to $56.46 per ounce and COMEX silver futures for March up 6.49% to $57.085 per ounce [2] - London copper prices increased by 2.5%, reaching approximately $11,210 per ton [2] Group 3: Oil Market - International oil prices fell for the fourth consecutive month in November, with WTI crude oil down 0.2% to $58.55 per barrel and Brent crude down 0.8% to $62.38 per barrel [5] - Traders are monitoring the upcoming OPEC+ meeting and assessing the impact of geopolitical situations on market supply [5] Group 4: Lithium Carbonate Market - The core contradiction in the lithium carbonate market remains under discussion, with expectations of the Jiangxia lithium mine's resumption already priced in [7] - The lithium carbonate futures market showed a low opening and high closing trend, with the LC2605 contract settling at 96,420 yuan per ton, down 0.62% [7] - Analysts suggest that the resumption of the Jiangxia lithium mine will not significantly impact next year's supply-demand balance, as the market is more focused on demand-driven trading logic [7][8] Group 5: Inventory and Demand Trends - Current long-term demand growth for lithium carbonate is considered stable, despite seasonal production cuts in lithium extraction from salt lakes [8] - Weekly inventory data indicates a decrease of 2,452 tons, with total lithium carbonate inventory at 116,000 tons as of November 28 [8] - Expectations for December indicate a potential shift from inventory depletion to accumulation, with a forecasted decrease of around 12,000 tons in November [9] Group 6: Future Outlook - The market is entering a demand verification phase, with a focus on the realization of demand expectations for next year [10] - Analysts emphasize the need to monitor the timing of the Jiangxia lithium mine's resumption and the production levels of lithium carbonate, along with overseas mining and South American salt lake export data [10]