Report Overview - Date: August 6, 2025 [2] - Researcher: Zhang Ping, Yu Feifei, Peng Jinglin [3] - Team: Non-ferrous Metals Research Team [4] Key Points 1. Investment Rating - No investment rating provided in the report. 2. Core View - The lithium carbonate futures market showed a pattern of rising and then falling. The market's hype about the mining end in Yichun has cooled over time. The focus of the spot market has shifted slightly downward, with the price of electric carbon dropping by 150 to 71,200. The downstream production of cathodes and cells is growing optimistically, and procurement demand has increased, but actual transactions are mainly for essential needs due to the strengthening basis. The market is cautious and waiting for the upstream lithium resource production suspension situation to be clarified, so short-term cautious observation is recommended [12]. 3. Summary by Directory 3.1 Market Review and Operation Suggestions - The lithium carbonate futures market rose and then fell. The market hype about the mining end in Yichun has cooled. The spot market focus has shifted slightly downward, with the electric carbon price dropping by 150 to 71,200. The downstream production of cathodes and cells is growing optimistically, and procurement demand has increased, but actual transactions are mainly for essential needs due to the strengthening basis. The market is cautious and waiting for the upstream lithium resource production suspension situation to be clarified, so short-term cautious observation is recommended [12]. 3.2 Industry News - Chang'an Qiyuan announced its new car sales in July 2025, with 28,568 vehicles delivered in July and cumulative sales exceeding 190,000 from January to July, a year-on-year increase of 30%. The cumulative sales of Qiyuan Q07 exceeded 40,000, and Qiyuan A06 will be officially launched in the second half of the year [13]. - Beijing New Energy Automobile Co., Ltd. produced 10,745 vehicles in July 2025, a year-on-year decrease of 7.79%, and sold 10,280 vehicles, a year-on-year decrease of 6.38%. From January to July, the cumulative production was 78,754 vehicles, a year-on-year increase of 162.05%, and the cumulative sales were 77,432 vehicles, a year-on-year increase of 98.58% [13]. - On August 1, 2025, Tieling Economic Development Zone signed a contract with Guosheng Energy Co., Ltd., with a total investment of 3 billion yuan and an area of 230 mu. The industrial park will be built in two phases to create a complete industrial chain, including the production and recycling of positive and negative electrode materials for high-performance solid-state batteries, cell manufacturing, and Pack lines. The project will also enter cutting-edge fields such as heterojunction tandem perovskite and new energy high-end equipment R & D and manufacturing [13].
碳酸锂期货日报-20250806
Jian Xin Qi Huo·2025-08-06 02:03