碳酸锂数据日报-20250916

Report Summary 1. Industry Investment Rating - No investment rating information is provided in the report. 2. Core Viewpoint - The market sentiment is negative due to CATL's meeting related to the resumption of lithium mines. There is a discussion about whether eight major mines will shut down simultaneously on September 30. Fundamentally, if they shut down, the impact on the total supply will be limited as other sources can supplement. Emotionally, it will stimulate the bullish sentiment in the market. In the short - term, the futures price is expected to fluctuate, and attention should be paid to the end - of - month time node [2]. 3. Summary by Related Content Lithium Compound Prices - SMM battery - grade lithium carbonate average price is 72,450, with a change of 3,000; SMM industrial - grade lithium carbonate average price is 70,200, with a change of 0 [1]. Lithium Ore Prices - Lithium spodumene concentrate (CIF China) average price is 848, with a change of 0; lithium mica (Li₂O: 1.5% - 2.0%) price is 1075, (Li₂O: 2.0% - 2.5%) price is 1775; phospho - lithium - aluminum stone (Li₂O: 6% - 7%) price is 5975, (Li₂O: 7% - 8%) price is 7065 [1][2]. Futures Contract Prices - Carbonate lithium 2510 closing price is 72,520, with a 2.28% increase; 2511 closing price is 72,680, with a 2.31% increase; 2512 closing price is 72,880, with a 2.3% increase; 2601 closing price is 72,880, with a 2.36% increase; 2602 closing price is 72,660, with a 1.99% increase [1]. Positive Electrode Material Prices - Lithium iron phosphate (power type) average price is 33,375; ternary material 811 (polycrystalline/power type) average price is 146,450; ternary material 523 (single - crystal/power type) average price is 119,450; ternary material 613 (single - crystal/power type) average price is 123,950 [2]. Inventory Information - Total inventory (weekly, tons) change is - 1580, with a current value of 138,512; registered warehouse receipts (daily, tons) change is 338, with a current value of 38,963; smelter inventory (weekly, tons) change is - 3262, with a current value of 36,213; downstream inventory (weekly, tons) change is 3072, with a current value of 58,279; other inventory (weekly, tons) change is - 1390, with a current value of 44,020 [2]. Profit Estimation - Profit from purchasing lithium spodumene concentrate externally is - 3379; profit from purchasing lithium mica concentrate externally is - 7008 [2]. Price Difference - The difference between battery - grade and industrial - grade lithium carbonate (FOF) is 2250; the difference between battery - grade lithium carbonate and the main contract is - 230; the difference between the near - month and the first - continuous contract is - 160; the difference between the near - month and the second - continuous contract is - 360 [2]. Policy Information - Eight ministries and commissions including the Ministry of Industry and Information Technology issued the "Automobile Industry Steady Growth Work Plan (2025 - 2026)", aiming to promote the industrialization of intelligent and connected technologies, standardize the competition order in the automobile industry, and more [2].