碳酸锂数据日报-20250819

Report Summary 1. Report Industry Investment Rating - No information provided 2. Core View - The market has basically digested the suspension of lithium mines in Jiangxi, and the spot price has risen. If the scope of production cuts does not further expand, the futures price is expected to fluctuate [2] 3. Summary by Relevant Catalogs Lithium Compound Prices - SMM battery - grade lithium carbonate average price is 84,600 yuan/ton, up 1,900 yuan/ton; SMM industrial - grade lithium carbonate average price is 82,300 yuan/ton, up 1,900 yuan/ton [1] Lithium Futures Contracts - The closing price of lithium carbonate 2509 is 89,300 yuan/ton, with a daily increase of 4.86%; lithium carbonate 2510 is 89,280 yuan/ton, up 4.64%; lithium carbonate 2511 is 89,240 yuan/ton, up 4.67%; lithium carbonate 2512 is 89,240 yuan/ton, up 4.86%; lithium carbonate 2601 is 89,040 yuan/ton, up 4.95% [1] Lithium Ore Prices - Lithium spodumene concentrate (CIF China) is 978 yuan/ton, up 38 yuan/ton; lithium mica (Li20: 1.5% - 2.0%) is 1,385 yuan/ton, up 65 yuan/ton; lithium mica (Li20: 2.0% - 2.5%) is 2,185 yuan/ton, up 85 yuan/ton; phospho - lithium - aluminum stone (Li20: 6% - 7%) is 7,700 yuan/ton; phospho - lithium - aluminum stone (Li20: 7% - 8%) is 8,850 yuan/ton, up 410 yuan/ton [1][2] Price Spreads - The price spread between battery - grade and industrial - grade lithium carbonate is 2,300 yuan/ton; the price spread between battery - grade lithium carbonate and the main contract is - 4,640 yuan/ton, down 440 yuan/ton; the price spread between the near - month and the first - continuous contract is 20 yuan/ton, up 100 yuan/ton; the price spread between the near - month and the second - continuous contract is 60 yuan/ton, up 40 yuan/ton [2] Inventory - The total weekly inventory is 142,256 tons, down 162 tons; the weekly inventory of smelters is 49,693 tons, down 1,306 tons; the weekly inventory of downstream is 48,283 tons, up 124 tons; the weekly inventory of others is 44,280 tons, up 1,020 tons; the daily registered warehouse receipts are 23,555 tons, up 70 tons [2] Production Profit - The cash cost of purchasing lithium spodumene concentrate is 82,343 yuan/ton, and the profit is 1,069 yuan/ton; the cash cost of purchasing lithium mica concentrate is 86,253 yuan/ton, and the profit is - 4,968 yuan/ton [2] Company News - Ganfeng Lithium announced on the evening of August 12 to jointly develop the Pozuelos - Pastos Grandes salt lake basin in Argentina with Lithium Argentina AG, with a planned annual production capacity of up to 150,000 tons of LCE lithium products [2] - Albemarle's lithium plant in Chile resumed normal operation after an accident last week [2] - Jiangte Motor announced on August 13 that it has multiple mining and exploration rights in Yichun, with lithium ore resources of over 100 million tons. The Qikeng lithium mine, with a mining license, has an ore resource reserve of 72.93 million tons at a Li20 average grade of 0.44%, and 126.67 million tons at a Li20 average grade of 0.39% [2]