Report Summary 1. Industry Investment Rating No industry investment rating is provided in the report. 2. Core Views - Industrial silicon futures are currently in a large - range operation. The 2601 contract is expected to operate between 7,500 and 10,000 yuan. The trading strategy is to buy on dips [8][9]. - Lithium carbonate futures are also in a large - range operation. The 2601 contract is expected to operate between 68,000 and 100,000 yuan. The trading strategy is to buy on dips [31][32]. 3. Summary by Directory Industrial Silicon Futures - Mid - line Market Analysis - The industrial silicon futures are in a large - range operation. The spot price was stable last week. As of October 24, the 421 price was 9,100 yuan/ton in Xinjiang, 9,900 yuan/ton in Yunnan, and 10,000 yuan/ton in Sichuan. The AI report shows the price is in a sideways phase, and the main force has a bearish attitude. The 2601 contract is expected to operate between 7,500 and 10,000 yuan [8][9]. - Variety Trading Strategy - Last week and this week, the strategy is to buy on dips as the industrial silicon is in a large - range operation [12][13]. - Related Data Situation - As of April 19, 2024, the SHFE cathode copper inventory was 300,045 tons, an increase of 322 tons from the previous week, and it is at a relatively high level compared to the past five years. The LME copper inventory was 122,125 tons, with a cancellation warrant ratio of 25.73%, and it is at a relatively low level compared to the past five years [15][19]. Lithium Carbonate Futures - Mid - line Market Analysis - Lithium carbonate futures are in a large - range operation. The spot price rose last week. As of October 24, the market price of battery - grade lithium carbonate was 77,600 yuan/ton, and that of industrial - grade was 76,150 yuan/ton. The AI report shows the futures are in a sideways phase, and the main force has no obvious long - short bias. The 2601 contract is expected to operate between 68,000 and 100,000 yuan [31][32]. - Variety Trading Strategy - Last week and this week, the strategy is to buy on dips as the lithium carbonate is in a large - range operation [35]. - Related Data Situation - As of April 19, 2024, the SHFE electrolytic aluminum inventory was 228,537 tons, a decrease of 3,228 tons from the previous week, and it is at a relatively low level compared to the past five years. The LME aluminum inventory was 504,000 tons, with a cancellation warrant ratio of 66.03%, and it is at a relatively low level compared to the past five years [38][39].
工业硅、碳酸锂期货品种周报-20251027
Chang Cheng Qi Huo·2025-10-27 02:59