碳酸锂：区间震荡，关注供给扰动情况

Group 1: Investment Rating - No investment rating information is provided in the report. Group 2: Core View - The report suggests that lithium carbonate will experience range - bound fluctuations, and investors should pay attention to supply disturbances [1]. Group 3: Summary of Related Catalogs 1. Fundamental Tracking - Market Data: - For the 2509 contract, the closing price was 87,580, down 1,720 compared to T - 1; the trading volume was 28,450, down 21,903; and the open interest was 76,200, down 4,917 [2]. - For the 2511 contract, the closing price was 87,540, down 1,700 compared to T - 1; the trading volume was 734,929, down 301,399; and the open interest was 414,097, down 7,009 [2]. - The warehouse receipt volume was 23,615, up 60 compared to T - 1 [2]. - Price Differences: - The spot - 2509 was - 1,880, up 2,820 compared to T - 1; the spot - 2511 was - 1,840, up 2,800 compared to T - 1 [2]. - The 2509 - 2511 basis was 40, down 20 compared to T - 1; the electric carbon - industrial carbon was 2,300, unchanged compared to T - 1; the spot - CIF was 16,035, up 1,073 compared to T - 1 [2]. - Raw Material Prices: - The price of spodumene concentrate (6%, CIF China) was 978, unchanged compared to T - 1; the price of lepidolite (2.0% - 2.5%) was 2,185, unchanged compared to T - 1 [2]. - The price of battery - grade lithium carbonate was 85,700, up 1,100 compared to T - 1; the price of battery - grade lithium carbonate (CIF) was 9,700, unchanged compared to T - 1 [2]. - The price of industrial - grade lithium carbonate was 83,400, up 1,100 compared to T - 1; the price of battery - grade lithium hydroxide (micropowder) was 82,710, up 1,000 compared to T - 1 [2]. - The price of battery - grade lithium hydroxide (CIF) was 8,850, unchanged compared to T - 1; the price of lithium iron phosphate (power type) was 36,490, up 320 compared to T - 1 [2]. - The price of lithium iron phosphate (mid - high - end energy storage type) was 35,085, up 315 compared to T - 1; the price of lithium iron phosphate (low - end energy storage type) was 32,085, up 255 compared to T - 1 [2]. - The price of ternary material 523 (polycrystalline/consumer type) was 114,530, up 300 compared to T - 1; the price of ternary material 622 (polycrystalline/consumer type) was 117,890, up 300 compared to T - 1 [2]. - The price of ternary material 811 (polycrystalline/power type) was 146,070, unchanged compared to T - 1; the price of lithium hexafluorophosphate was 56,300, up 800 compared to T - 1 [2]. - The price of electrolyte (for ternary power) was 21,850, unchanged compared to T - 1; the price of electrolyte (for lithium iron phosphate) was 17,850, unchanged compared to T - 1 [2]. 2. Macro and Industry News - The SMM battery - grade lithium carbonate index price was 85,941 yuan/ton, up 1,147 yuan/ton compared to the previous working day; the battery - grade lithium carbonate price range was 84,300 - 87,100 yuan/ton, with an average of 85,700 yuan/ton, up 1,100 yuan/ton compared to the previous working day; the industrial - grade lithium carbonate price range was 82,700 - 84,100 yuan/ton, with an average of 83,400 yuan/ton, up 1,100 yuan/ton compared to the previous working day [3]. - On August 19, Jiangte Motor announced that its wholly - owned subsidiary, Yichun Yinli New Energy Co., Ltd., which had previously suspended production for equipment maintenance, would resume production soon [4]. 3. Trend Intensity - The trend intensity of lithium carbonate is 0, indicating a neutral outlook. The trend intensity ranges from - 2 (most bearish) to 2 (most bullish) [4].