工业硅、碳酸锂期货品种周报-20251103

1. Report's Industry Investment Rating - Not provided in the given content 2. Report's Core View - Both industrial silicon and lithium carbonate futures are in a large - range operation, and the trading strategy for both is to go long on dips [12][13][37] 3. Summary by Directory Industrial Silicon Futures 3.1. Mid - line Market Analysis - Industrial silicon futures are currently in a large - range operation. As of October 31, the 421 price in Xinjiang was 9150 yuan/ton, 9900 yuan/ton in Yunnan, and 10000 yuan/ton in Sichuan. The AI intelligent investment consulting variety diagnosis report shows that the daily price is in a sideways phase, and the main short - side camp has a slight advantage. It is expected that the industrial silicon 2601 contract will operate in the range of 7500 - 10000 [8][9] 3.2. Variety Trading Strategy - Last week's strategy was to go long on dips during the large - range operation of industrial silicon, and this week's strategy suggestion remains the same [12][13] 3.3. Relevant Data Situation - As of April 19, 2024, the Shanghai Futures Exchange 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 cancelled warrant ratio of 25.73%, and it is at a relatively low level compared to the past five years [15][19] Lithium Carbonate Futures 3.1. Mid - line Market Analysis - Lithium carbonate futures are currently in a large - range operation. Last week, the spot price of lithium carbonate rose. As of October 31, the market price of battery - grade lithium carbonate was 83300 yuan/ton, and that of industrial - grade lithium carbonate was 81850 yuan/ton. The AI intelligent investment consulting variety diagnosis report shows that the daily line of lithium carbonate futures is basically in an upward channel, and the main force shows a strong bullish sentiment. It is expected that the lithium carbonate 2601 contract will operate in the range of 68,000 - 100,000 [33][34] 3.2. Variety Trading Strategy - Last week's strategy was to go long on dips during the large - range operation of lithium carbonate, and this week's strategy suggestion remains the same [37] 3.3. Relevant Data Situation - As of April 19, 2024, the Shanghai Futures Exchange electrolytic aluminum inventory was 228,537 tons, a decrease of 3228 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 cancelled warrant ratio of 66.03%, and it is at a relatively low level compared to the past five years [39][40]