Report Summary 1. Report Industry Investment Rating - No information provided in the report 2. Core View of the Report - In the short term, the increase in demand leads to a mismatch between supply and demand, supporting the futures price. However, in the long - term, the pattern of oversupply remains unchanged [2] 3. Summary by Relevant Catalogs Lithium Compounds - SMM battery - grade lithium carbonate average price is 73,550 yuan/ton with a change of 3,000 yuan/ton; SMM industrial - grade lithium carbonate average price is 71,300 yuan/ton with a change of 2,500 yuan/ton [1] Lithium Ore - Lithium spodumene concentrate (CIF China) average price is 858 yuan with no change; lithium mica (Li20:1.5% - 2.0%) price is 1,125 yuan with a change of - 15 yuan; lithium mica (Li20:2.0% - 2.5%) price is 1,855 yuan with a change of - 20 yuan; phospho - lithium - aluminum stone (Li20:6% - 7%) price is 6,080 yuan with a change of - 70 yuan; phospho - lithium - aluminum stone (Li20:7% - 8%) price is 7,190 yuan with a change of - 95 yuan [1][2] Positive Electrode Materials - The average price of lithium iron phosphate (power type) is 33,640 yuan; the average price of ternary material 811 (polycrystalline/power type) is 150,350 yuan with a change of 1,000 yuan; the average price of ternary material 523 (single - crystal/power type) is 122,350 yuan with a change of 600 yuan; the average price of ternary material 613 (single - crystal/power type) is 127,350 yuan with a change of 700 yuan [2] Price Spreads - The difference between battery - grade and industrial - grade lithium carbonate is 2,250 yuan/ton; the difference between battery - grade lithium carbonate and the main contract is 750 yuan with a change of 1,120 yuan; the difference between the near - month and the first - continuous contract is - 60 yuan with a change of 100 yuan; the difference between the near - month and the second - continuous contract is - 160 yuan with a change of 40 yuan [2] Inventory - The total weekly inventory is 136,825 tons with a change of - 706 tons; the smelter weekly inventory is 33,492 tons; the downstream weekly inventory is 60,893 tons with a change of 1,398 tons; the other weekly inventory is 42,440 tons with a change of - 1,140 tons; the daily registered warehouse receipt is 41,709 tons with a change of 590 tons [2] Production Profit - The cash cost of purchasing lithium spodumene concentrate externally is 75,407 yuan, and the profit is - 2,927 yuan; the cash cost of purchasing lithium mica concentrate externally is 78,268 yuan, and the profit is - 7,776 yuan [2] Company News - Longpan Times stopped production on September 25th, most employees are on vacation, and it may resume production in November. The reason is that Ningde Times' Guanchun lithium mine stopped supplying raw materials [2] Market Situation - The traditional peak season for new energy vehicles is approaching, and downstream enterprises have inventory - building needs. After the increase in capacity electricity price and the expansion of the spot price difference, the economy of independent energy storage is emerging, and the installation demand is strong [2]
碳酸锂数据日报-20251009
Guo Mao Qi Huo·2025-10-09 03:44