Group 1: Industry Investment Rating - No information provided Group 2: Core Viewpoints - Lithium mica extraction of lithium has changed from a contraction to an expansion expectation, which is expected to stimulate bearish sentiment in the market, and the futures price may be weak in the short term [3] Group 3: Summary of Related Catalogs Lithium Compounds - The average price of SMM battery - grade lithium carbonate is 73,450 yuan, down 1,150 yuan; the average price of SMM industrial - grade lithium carbonate is 71,200 yuan, down 1,150 yuan [1] - The closing prices of lithium carbonate futures contracts 2509, 2510, 2511, 2512, and 2601 are 70,300 yuan (-5.33%), 70,560 yuan (-5.29%), 70,720 yuan (-4.87%), 70,880 yuan (-4.37%), and 70,800 yuan (-4.81%) respectively [1] Lithium Ore - The price of spodumene concentrate (CIF China) is 849 yuan, down 30 yuan; the price of lithium mica (Li₂O: 1.5% - 2.0%) is 1,115 yuan, down 42.5 yuan; the price of lithium mica (Li₂O: 2.0% - 2.5%) is 1,815 yuan, down 50 yuan; the price of amblygonite (Li₂O: 6% - 7%) is 6,000 yuan, down 350 yuan; the price of amblygonite (Li₂O: 7% - 8%) is 7,050 yuan, down 300 yuan [1][2] Cathode Materials - The average price of lithium iron phosphate (power type) is 33,620 yuan, down 275 yuan; the average price of ternary material 811 (polycrystalline/power type) is 145,900 yuan; the average price of ternary material 523 (single - crystal/power type) is 118,750 yuan, down 125 yuan; the average price of ternary material 613 (single - crystal/power type) is 123,550 yuan, down 75 yuan [2] Price Spreads - The spread between battery - grade and industrial - grade lithium carbonate is 2,250 yuan; the spread between battery - grade lithium carbonate and the main contract is 2,730 yuan, up 1,030 yuan; the spread between the near - month and the first - continuous contract is - 160 yuan, up 20 yuan; the spread between the near - month and the second - continuous contract is - 320 yuan, down 160 yuan [2] Inventory - The total weekly inventory is 140,092 tons, down 1,044 tons; the weekly inventory of smelters is 39,475 tons, down 3,861 tons; the weekly inventory of downstream is 55,207 tons, up 2,407 tons; the weekly inventory of others is 45,410 tons, up 410 tons; the daily registered warehouse receipts are 38,101 tons [2] Profit Estimation - The cash cost of purchasing spodumene concentrate externally is 73,889 yuan, and the profit is - 1,507 yuan; the cash cost of purchasing lithium mica concentrate externally is 77,715 yuan, and the profit is - 7,321 yuan [3] Industry News - Ningde Times' subsidiary is promoting the resumption of production of the Shixiawo lithium mine and aims to complete the resumption in November this year [3] - Six departments jointly issued a notice to carry out a three - month special rectification action on network chaos in the automotive industry [3]
碳酸锂数据日报-20250911
Guo Mao Qi Huo·2025-09-11 09:41