碳酸锂大幅回落

Report Summary 1. Report Industry Investment Rating No relevant information provided. 2. Core View of the Report - The main contract LC2601.GFE of lithium carbonate futures closed at 91,020 yuan/ton, down 7,960 yuan/ton (-8.04%) from the previous day, showing an upward trend in the past 10 trading days. - The spot price of lithium carbonate was 92,360 yuan/ton, up 1.12% from the previous day, also showing an upward trend in the past 10 trading days. - The current basis was -800 points, a negative basis (spot discount), strengthening by 7,890 points from the previous day, and the basis has been strengthening overall in the past 10 trading days. - The registered warehouse receipts of lithium carbonate were 26,848 lots, down 68 lots (-0.25%) from the previous day, and the warehouse receipts have been decreasing overall in the past 10 trading days. - The supply - demand relationship remained in a tight - balance pattern, inventory continued to decline, the demand side had certain support, and the overall supply - demand structure had not undergone a fundamental change [4]. 3. Summary by Related Catalogs 3.1. Lithium - battery Industry Chain Related Prices - Futures: The main contract closing price was 91,020 yuan/ton, down 7,960 yuan/ton from the previous day and up 3,660 yuan/ton from the previous week; the main contract settlement price was 93,160 yuan/ton, down 6,860 yuan/ton from the previous day and up 5,820 yuan/ton from the previous week. - Lithium Concentrates: Australian CIF6 Chinese lithium spodumene concentrate was priced at 1,150 - 1,200 US dollars/ton, down 80 US dollars/ton from the previous day and up 110 - 120 US dollars/ton from the previous week; Brazilian CIF6 Chinese lithium spodumene concentrate was 1,130 - 1,180 US dollars/ton, with similar price changes; Zimbabwean CIF6 Chinese lithium spodumene concentrate was 1,120 - 1,160 US dollars/ton, with different price changes; Malian CIF6 Chinese lithium spodumene concentrate was 850 - 910 US dollars/ton, up 80 US dollars/ton from the previous day and up 80 US dollars/ton from the previous week; South African CIF Chinese lithium spodumene ore was 140 - 160 US dollars/ton, up 30 - 20 US dollars/ton from the previous day and up 30 - 20 US dollars/ton from the previous week. - Lithium Mica: The prices of lithium mica with different Li2O contents in the Chinese market all increased compared to the previous day and the previous week. For example, the average price of lithium mica (Li2O: 1.5 - 2) was 1,560 yuan/ton, up 95 yuan/ton from the previous day and 270 yuan/ton from the previous week. - Lithium Carbonate and Lithium Hydroxide: The price of Chinese domestic 99.5% electric - grade lithium carbonate was 92,360 yuan/ton, up 1,030 yuan/ton from the previous day and 7,170 yuan/ton from the previous week; the price of Chinese domestic 56.5% lithium hydroxide was 81,340 yuan/ton, up 740 yuan/ton from the previous day and 4,820 yuan/ton from the previous week. - Downstream Products: The prices of some downstream products such as electrolyte, cathode materials, and cobalt - acid lithium also had different degrees of changes, with some remaining stable and some increasing [6]. 3.2. Related Charts - Ore and Lithium Prices: Included charts of lithium mica price changes, lithium carbonate futures main price, lithium carbonate spot price, lithium hydroxide price, lithium carbonate basis, and lithium hydroxide - lithium carbonate price difference. - Cathode & Ternary Materials: Included charts of manganese - acid lithium price, Chinese domestic iron - phosphate lithium price, Chinese average price of cobalt - acid lithium, ternary precursor price, and ternary material price. - Other Related Data of Lithium Carbonate Futures: Included charts of lithium carbonate main contract trading volume change, main contract position change, and registered warehouse receipt volume of lithium carbonate [8][10][11][17].