Group 1: Report Industry Investment Rating - No relevant content provided Group 2: Core View of the Report - The fundamentals have limited support for futures prices, and it is expected to be mainly weak in a volatile manner [3] Group 3: Summary by Related Catalogs Lithium Compounds - SMM battery - grade lithium carbonate average price is 77,500 yuan, down 850 yuan; SMM industrial - grade lithium carbonate average price is 75,200 yuan, down 850 yuan [1] Futures Contracts - Carbonate lithium 2509 closed at 73,280 yuan, down 3.98%; carbonate lithium 2510 down 4.37%; carbonate lithium 2511 down 4.3%; carbonate lithium 2512 down 3.97%; carbonate lithium 2601 down 3.79% [1] Lithium Ore - Lithium spodumene concentrate (CIF China) is 887 yuan, down 11 yuan; lithium mica (Li20: 1.5% - 2.0%) is 1205 yuan, down 25 yuan; lithium mica (Li20: 2.0% - 2.5%) is 1920 yuan, down 30 yuan; phospho - lithium - aluminum stone (Li20: 6% - 7%) is 6365 yuan; phospho - lithium - aluminum stone (Li20: 7% - 8%) is 7390 yuan, down 85 yuan [1][2] Cathode Materials - Lithium iron phosphate (power type) average price is 34,600 yuan, down 205 yuan; ternary material 811 (polycrystalline/power type) is 145,900 yuan; ternary material 523 (single - crystal/power type) is 118,900 yuan; ternary material 613 (single - crystal/power type) is 123,925 yuan [2] Price Spreads - The price spread between battery - grade and industrial - grade lithium carbonate is 2300 yuan; the spread between battery - grade lithium carbonate and the main contract is 4880 yuan, up 2090 yuan; the spread between the near - month and the first - continuous contract is 40 yuan, up 60 yuan; the spread between the near - month and the second - continuous contract is 20 yuan, down 100 yuan [2] Inventory - Total inventory (weekly, tons) is 141,136 tons, down 407 tons; smelter inventory (weekly, tons) is 43,336 tons, down 3510 tons; downstream inventory (weekly, tons) is 52,800 tons, up 1293 tons; other inventory (weekly, tons) is 45,000 tons, up 1810 tons; registered warehouse receipts (daily, tons) is 32,007 tons, up 810 tons [2] Profit Estimation - The cash cost of purchasing lithium spodumene concentrate externally is 76,333 yuan; the profit of purchasing lithium spodumene concentrate externally is 50 yuan; the cash cost of purchasing lithium mica concentrate externally is 80,138 yuan; the profit of purchasing lithium mica concentrate externally is - 5811 yuan [3] Industry Events - A meeting on the lithium iron phosphate material branch council was held to discuss solutions to over - capacity and low - carbon transformation paths [3] - With the successful renewal of the xy safety license, the production of Jiangxi mica mines has been further reduced; downstream battery manufacturers' production schedules in September have increased, but downstream returns have weakened the transmission of increased demand [3]
碳酸锂数据日报-20250903
Guo Mao Qi Huo·2025-09-03 07:08