碳酸锂数据日报-20250530

Report Industry Investment Rating - Not provided Core View of the Report - The main lithium carbonate futures contracts fluctuate around 60,000 yuan/ton. Fundamentally, weekly supply decreases, demand remains stable, showing a slight upward trend. Downstream acceptance of current prices is low, spot trading volume is small, and terminal prices continue to decline. It is expected that the futures price will be weak in the short term [3] Summary by Relevant Catalogs Lithium Compounds - SMM battery - grade lithium carbonate average price is 60,900 yuan, down 600 yuan; SMM industrial - grade lithium carbonate average price is 59,300 yuan, down 600 yuan [1] Lithium Ore - Lithium spodumene concentrate (CIF China) average price is 677 yuan, down 3 yuan; lithium mica (Li20:1.5% - 2.0%) average price is 690 yuan, down 10 yuan; lithium mica (Li20:2.0% - 2.5%) average price is 1210 yuan, down 25 yuan; phosphorus lithium aluminum stone (Li20:6% - 7%) average price is 5840 yuan; phosphorus lithium aluminum stone (Li20:7% - 8%) average price is 6815 yuan, down 85 yuan [1][2] Cathode Materials - The average price of lithium iron phosphate (power type) is 30,520 yuan, down 145 yuan; the average price of ternary material 811 (polycrystalline/power type) is 145,010 yuan, down 260 yuan; the average price of ternary material 523 (single - crystal/power type) is 115,085 yuan, down 250 yuan; the average price of ternary material 613 (single - crystal/power type) is 122,335 yuan, down 220 yuan [2] Price Spreads - The electric carbon - industrial carbon spread is 1600 yuan, unchanged; the electric carbon - main contract spread is 2040 yuan, up 920 yuan; the near - month - consecutive one spread is 60 yuan, down 40 yuan; the near - month - consecutive two spread is - 260 yuan, down 100 yuan [2] Inventory - The total inventory (weekly, tons) is 131,571 tons, down 208 tons; the smelter inventory (weekly, tons) is 56,235 tons, down 780 tons; the downstream inventory (weekly, tons) is 41,616 tons, up 752 tons; other inventory (weekly, tons) is 33,720 tons, down 180 tons; the registered warehouse receipt (daily, tons) is 33,884 tons, up 30 tons [2] Profit Estimation - The cash cost of purchased lithium spodumene concentrate is 65,646 yuan, and the profit is - 5593 yuan; the cash cost of purchased lithium mica concentrate is 65,796 yuan, and the profit is - 7243 yuan [3]