碳酸锂数据日报-20250711

1. Report Industry Investment Rating - No relevant information provided 2. Core View of the Report - The price of lithium carbonate is mainly supported by downstream purchases, but the production increase of cathode and battery factories in July is small, and the purchasing power mainly comes from traders with limited space. Due to the price rebound, the supply increase in July is large, deepening the oversupply situation and dragging down the price increase. There are no signs of production cuts in the ore segment. It is expected that as the purchasing pace slows down, the downward pressure on the futures price of lithium carbonate will intensify [2] 3. Summary According to Related Contents Lithium Compound Prices - The average price of SMM battery - grade lithium carbonate is 63,650 yuan/ton, with a daily increase of 350 yuan/ton; the average price of SMM industrial - grade lithium carbonate is 62,050 yuan/ton, with a daily increase of 350 yuan/ton [1] Lithium Ore Prices - The price of lithium spodumene concentrate (CIF China) is 673 dollars, with a daily increase of 7 dollars; the price of lithium mica (Li2O: 1.5% - 2.0%) is 830 dollars, with a daily increase of 10 dollars; the price of lithium mica (Li2O: 2.0% - 2.5%) is 1405 dollars, with a daily increase of 20 dollars; the price of phospho - lithium - aluminum stone (Li2O: 6% - 7%) is 4565 dollars; the price of phospho - lithium - aluminum stone (Li2O: 7% - 8%) is 5400 dollars, with a daily increase of 60 dollars [1][2] Cathode Material Prices - The average price of lithium iron phosphate (power type) is 31,030 yuan/ton, with a daily increase of 80 yuan/ton; the price of ternary material 811 (polycrystalline/power type) is 142,850 yuan/ton, with a daily increase of 70 yuan/ton; the price of ternary material 523 (single - crystal/power type) is 115,095 yuan/ton, with a daily increase of 140 yuan/ton; the price of ternary material 613 (single - crystal/power type) is 120,285 yuan/ton [2] Price Spreads - The price spread between battery - grade and industrial - grade lithium carbonate is 1600 yuan/ton; the price spread between battery - grade lithium carbonate and the main contract is 570 yuan/ton, with a change of - 530 yuan/ton; the price spread between the near - month and the first - continuous contract is 340 yuan/ton, with a change of 60 yuan/ton; the price spread between the near - month and the second - continuous contract is 20 yuan/ton, with a change of 500 yuan/ton [2] Inventory - The total weekly inventory of lithium carbonate is 140,793 tons, with an increase of 2446 tons. The weekly inventory of smelters is 58,598 tons, with a decrease of 292 tons; the weekly inventory of downstream is 40,765 tons, with an increase of 268 tons; the weekly inventory of others is 41,430 tons, with an increase of 2470 tons. The daily registered warehouse receipt is 13,191 tons, with a decrease of 90 tons [2] Profit Estimation - The cash cost of purchasing lithium spodumene concentrate externally is 62,936 yuan/ton, and the production profit is - 160 yuan/ton; the cash cost of purchasing lithium mica concentrate externally is 68,253 yuan/ton, and the profit is - 7005 yuan/ton [2] Industry News - Premier African Minerals, a London Alternative Investment Market (AIM) listed company, has completed the upgrade and transformation of the flotation plant of its Zulu lithium - tantalum mine project in Zimbabwe and restarted operations on July 6. The project covers an area of about 3.5 square kilometers and is 100% wholly - owned by Premier through its local subsidiary Zulu Lithium (Private) Limited [2] - Hunan has discovered 4.9 billion tons of lithium ore. The Jijiaoshan mining area in Linwu County, Chenzhou City, Hunan Province, has discovered a super - large altered granite - type lithium deposit, with a submitted lithium ore volume of 4.9 billion tons and a lithium oxide resource volume of 1.31 million tons. The deposit is also associated with multiple strategic minerals such as beryllium, tungsten, and tin [2]