连涨6日，碳酸锂主力合约突破13万关口！多股大涨

Core Viewpoint - The lithium carbonate market has experienced a significant breakthrough, with the main contract rising over 8% to surpass 130,000 yuan/ton, marking a new high since November 2023. The cumulative increase for the year has reached 67.29%, making it one of the best-performing commodities in the market [1]. Group 1: Market Performance - The lithium carbonate main contract has seen a continuous rise for six consecutive trading days, with a year-to-date increase of 67.29% [1]. - The lithium mining sector in the A-share market responded positively, with the Wind lithium mining index rising by 3.24% on the same day, and several leading stocks, including Shengxin Lithium Energy, Rongjie Co., and Tianqi Lithium, seeing gains of over 3% [1][2]. Group 2: Supply and Demand Dynamics - The recent price surge in lithium carbonate is attributed to expectations of supply contraction in the upstream industry. Major companies in the lithium iron phosphate sector, Hunan Youneng and Wanrun New Energy, announced production cuts, which are expected to reduce output significantly [3]. - Current market conditions show a strong balance between supply and demand, with robust long-term demand expectations. However, there are concerns about potential demand weakening due to production cuts in January [3][5]. Group 3: Regulatory Actions - In response to the rapid price increase, regulatory authorities have implemented measures to prevent excessive speculation. The Guangzhou Futures Exchange announced adjustments to trading limits for lithium carbonate futures contracts, including increasing the minimum order size and setting daily opening limits for certain contracts [4]. Group 4: Future Outlook - Analysts suggest that while the market is currently in a tight supply-demand balance, the potential for price fluctuations exists due to production cuts. The overall price trend is expected to remain strong, with a focus on maintaining a balance between supply and demand [5]. - The year 2026 is anticipated to be a significant year for global energy storage demand, which may drive lithium carbonate prices higher, although there are constraints on the upper price limit due to supply elasticity and alternative product pricing [5].