Report Industry Investment Rating - Not provided Core View of the Report - The lithium carbonate futures price is expected to decline in the short term, and there is a possibility of a negative feedback loop between the lithium carbonate price and the ore price in the later stage [3] Summary by Relevant Catalogs Lithium Compound Prices - SMM battery - grade lithium carbonate average price is 59,900 yuan/ton, down 50 yuan/ton [1] - SMM industrial - grade lithium carbonate average price is 58,300 yuan/ton, down 50 yuan/ton [1] Lithium Futures Prices - Lithium carbonate 2507 closed at 61,020 yuan/ton, up 2.01% [1] - Lithium carbonate 2508 closed at 60,900 yuan/ton, up 2.66% [1] - Lithium carbonate 2509 closed at 60,700 yuan/ton, up 3.06% [1] - Lithium carbonate 2510 closed at 60,580 yuan/ton, up 3.17% [1] - Lithium carbonate 2511 closed at 60,500 yuan/ton, up 3.28% [1] Lithium Ore Prices - Lithium spodumene concentrate (CIF China) price is 617 yuan/ton, unchanged [1] - Lithium mica (Li20: 1.5% - 2.0%) price is 665 yuan/ton [2] - Lithium mica (Li20: 2.0% - 2.5%) price is 1190 yuan/ton [2] - Phosphorus lithium aluminum stone (Li20: 6% - 7%) price is 5225 yuan/ton, down 335 yuan/ton [2] - Phosphorus lithium aluminum stone (Li20: 7% - 8%) price is 6075 yuan/ton, down 390 yuan/ton [2] Cathode Material Prices - The average price of lithium iron phosphate (power type) is 30,160 yuan/ton, down 15 yuan/ton [2] - The average price of ternary material 811 (polycrystalline/power type) is 142,760 yuan/ton, up 10 yuan/ton [2] - The average price of ternary material 523 (single - crystal/power type) is 114,175 yuan/ton, up 50 yuan/ton [2] - The average price of ternary material 613 (single - crystal/power type) is 120,375 yuan/ton, unchanged [2] Price Spreads - The price spread between battery - grade and industrial - grade lithium carbonate is 1600 yuan/ton [2] - The price spread between battery - grade lithium carbonate and the main contract is - 800 yuan/ton, down 1630 yuan/ton [2] - The price spread between the near - month and the first - continuous contract is 120 yuan/ton, down 240 yuan/ton [2] - The price spread between the near - month and the second - continuous contract is 320 yuan/ton, down 280 yuan/ton [2] Inventory - The total inventory (weekly, tons) is 134,901 tons, up 1352 tons [2] - The smelter inventory (weekly, tons) is 58,625 tons, up 972 tons [2] - The downstream inventory (weekly, tons) is 40,366 tons, down 320 tons [2] - The other inventory (weekly, tons) is 35,910 tons, up 700 tons [2] - The registered warehouse receipts (daily, tons) is 22,375 tons, down 4404 tons [2] Profit Estimation - The cash cost of purchasing lithium spodumene concentrate is 60,012 yuan/ton, and the profit is - 948 yuan/ton [3] - The cash cost of purchasing lithium mica concentrate is 64,430 yuan/ton, and the profit is - 6856 yuan/ton [3] Industry News - Zimbabwe will ban the export of lithium concentrate from 2027 to promote local processing [3]
碳酸锂数据日报-20250625
Guo Mao Qi Huo·2025-06-25 05:49