碳酸锂：偏强震荡

Group 1: Industry Investment Rating - The investment rating for the lithium carbonate industry is "Stronger Oscillation" [1] Group 2: Core Viewpoints - The report analyzes the fundamental data of lithium carbonate and provides information on macro and industry news, as well as the trend strength of lithium carbonate [2][3][4] Group 3: Summary by Relevant Catalogs 1. Fundamental Tracking - 2511 Contract: The closing price was 76,780, with a change of 1,200 compared to T - 1. The trading volume was 113,005, and the open interest was 100,619 [2] - 2601 Contract: The closing price was 77,120, with a change of 1,140 compared to T - 1. The trading volume was 376,449, and the open interest was 353,231 [2] - Warehouse Receipts: The number of warehouse receipts was 29,019, a decrease of 873 compared to T - 1 [2] - Basis: The basis between spot and 2511 contract was -2,430, and between spot and 2601 contract was -2,770. The basis between 2511 and 2601 contracts was -340 [2] - Raw Materials: The price of lithium spodumene concentrate (6%, CIF China) was 857, and lithium mica (2.0% - 2.5%) was 1,845 [2] - Lithium Salts: The price of battery - grade lithium carbonate was 74,350, and industrial - grade lithium carbonate was 72,100 [2] - Related Products: The prices of various related products such as battery - grade lithium hydroxide, lithium iron phosphate, ternary materials, and electrolyte were also provided [2] 2. Macro and Industry News - SMM's battery - grade lithium carbonate index price was 74,363 yuan/ton, up 253 yuan/ton from the previous workday. The average price of battery - grade lithium carbonate was 7.435 million yuan/ton, up 250 yuan/ton, and industrial - grade lithium carbonate was 7.21 million yuan/ton, up 250 yuan/ton [3] - Lithium spodumene imports increased significantly by 711,000 physical tons. Australia, Nigeria, and Zimbabwe contributed 81.1% of the total imports. Australia's imports were 347,000 tons, up 64.1%; Nigeria's were about 120,000 tons, up 14.4%; and Zimbabwe's were 109,000 tons, down 7.8%. South Africa's imports reached 109,000 tons, while Mali had no arrivals in September [3][4] 3. Trend Intensity - The trend intensity of lithium carbonate is 1, indicating a "Stronger" trend on a scale from -2 (most bearish) to 2 (most bullish) [4]