华泰证券：锂矿供需2026年争议较大 但2027年短缺是确定的

Group 1 - The core viewpoint of the report indicates that the equilibrium price for lithium carbonate in 2026 is expected to be between 80,000 to 90,000 yuan per ton under neutral and optimistic demand scenarios [1] - The report anticipates a potential shortage in global lithium resources in 2027, which may lead to an increase in prices, possibly exceeding 100,000 yuan per ton in the second half of 2026 [1] - Due to the relatively low sensitivity of downstream industries to lithium carbonate prices, a sustained shortage in 2027 could further open up the price increase potential, with prices potentially rising to 120,000 yuan per ton [1]