新能源及有色金属日报：现货价格弱稳运行，碳酸锂盘面高开低走-20251015

Report Investment Rating - No relevant information provided Core View - The spot price of lithium carbonate is weakly stable, and the futures market opened high and closed low. In the short term, the supply - demand pattern is good, inventory is continuously decreasing, and the futures market is expected to fluctuate. If the mining end resumes production and consumption weakens later, the futures market may decline [1][3] Summary by Related Content Market Analysis - On October 14, 2025, the main contract 2511 of lithium carbonate opened at 72,600 yuan/ton and closed at 72,680 yuan/ton, with a 0.50% change from the previous day's settlement price. The trading volume was 270,327 lots, and the open interest was 192,931 lots (the previous day's open interest was 207,463 lots). The basis was 200 yuan/ton, and the number of lithium carbonate warehouse receipts was 35,180 lots, a change of - 1,538 lots from the previous day [1] - According to SMM data, the price of battery - grade lithium carbonate was 72,400 - 73,600 yuan/ton, a change of - 100 yuan/ton from the previous day; the price of industrial - grade lithium carbonate was 70,150 - 71,350 yuan/ton, also a change of - 100 yuan/ton. The price of 6% lithium concentrate was 818 US dollars/ton, with no change from the previous day [1] - Downstream material factories have low psychological expectations, and the overall market trading activity is average. New production lines have been put into operation at both the spodumene and salt lake ends, and the total output of lithium carbonate in October is expected to continue to grow. In terms of demand, both the commercial and passenger new - energy vehicles in the power market are growing rapidly, and the energy storage market has strong supply and demand. Overall, in October, although the supply is growing steadily, there is a stage of tight supply [1] Policy News - On October 13, at a press conference, the General Administration of Customs stated that the market share of domestic self - owned brands of electric vehicles in the first three quarters of 2025 reached 59.5%, showing a significant increase [2] Strategy - Short - term range operation is recommended, and selling hedging can be carried out at high prices. There are no strategies for inter - period and cross - variety operations [3]