碳酸锂：现货表现坚挺，短期区间震荡延续

Report Summary 1. Report Industry Investment Rating No relevant information provided. 2. Core View The spot price of lithium carbonate remains firm, and the short - term range - bound oscillation is expected to continue [1]. 3. Summary by Related Catalogs 3.1 Fundamental Tracking - Futures Market: For the 2511 contract, the closing price was 72,720, with a decrease compared to previous periods; the trading volume was 225,238, also showing a decline; the open interest was 188,523, down from previous levels. For the 2601 contract, the closing price was 72,940, the trading volume was 99,329, and the open interest was 212,472, with different changes compared to previous periods [2]. - Warehouse Receipts: The warehouse receipt volume was 33,076, showing a decrease [2]. - Basis: Various basis data such as spot - 2511, spot - 2601, etc., showed different changes over time [2]. - Raw Materials: The price of lithium spodumene concentrate (6%, CIF China) was 828, lithium mica (2.0% - 2.5%) was 1,725, and prices of different lithium salts also had their respective changes [2]. - Lithium Salt Industry Chain: Battery - grade lithium carbonate was 73,000, industrial - grade lithium carbonate was 70,750, and prices of other related products in the lithium salt industry chain also changed over time [2]. 3.2 Macro and Industry News - Lithium Carbonate Price: The SMM battery - grade lithium carbonate index price was 73,037 yuan/ton, up 30 yuan/ton from the previous workday. The average price of battery - grade lithium carbonate was 73,000 yuan/ton, and that of industrial - grade lithium carbonate was 70,750 yuan/ton, both remaining unchanged from the previous workday [3]. - Electric Vehicle Charging Facility Plan: The National Development and Reform Commission and other departments issued the "Three - Year Doubling Action Plan for the Service Capacity of Electric Vehicle Charging Facilities (2025 - 2027)". By the end of 2027, 28 million charging facilities will be built nationwide, providing over 300 million kilowatts of public charging capacity to meet the charging needs of over 80 million electric vehicles [4]. - Power Battery Data: In September 2025, the total production of power and other batteries in China was 151.2GWh, a month - on - month increase of 8.3% and a year - on - year increase of 35.4%. The sales volume was 146.5GWh, with a month - on - month increase of 9.0% and a year - on - year increase of 42.2%. The total export volume was 26.7GWh, with a month - on - month increase of 18.2% and a year - on - year increase of 28.3% [4]. 3.3 Trend Intensity The trend intensity of lithium carbonate is 0, indicating a neutral trend [4].