碳酸锂数据日报-20251202

Group 1: Report Industry Investment Rating - No information provided Group 2: Report's Core View - The market's core focus is on demand changes, with weekly demand essentially stable, providing price support. In the medium - term, due to the ongoing release of energy storage demand, prices are bullish, but there is a callback pressure on prices in the short - term [3] Group 3: Summary According to Related Content Lithium Compound Prices - The average price of SMM battery - grade lithium carbonate is 94,350 yuan/ton, and the average price of SMM industrial - grade lithium carbonate is 91,900 yuan/ton [1] Lithium Ore Prices - The price of lithium spodumene concentrate (CIF China) is 1,190 yuan/ton, up 40 yuan/ton [1] Lithium Mica and Phosphorus Lithium Alum Stone Prices - Lithium mica (Li20: 1.5% - 2.0%) is 1,665 yuan, lithium mica (Li20: 2.0% - 2.5%) is 2,600 yuan, phosphorus lithium alum stone (Li20: 6% - 7%) is 9,125 yuan, and phosphorus lithium alum stone (Li20: 7% - 8%) is 10,525 yuan [2] Cathode Material Prices - The average price of lithium iron phosphate (power type) is 39,485 yuan, up 145 yuan; the average price of ternary material 811 (polycrystalline/power type) is 161,800 yuan, up 100 yuan; the average price of ternary material 523 (single - crystal/power type) is 144,600 yuan, up 200 yuan; the average price of ternary material 613 (single - crystal/power type) is 144,750 yuan, up 100 yuan [2] Price Spreads - The difference between battery - grade and industrial - grade lithium carbonate is 2,450 yuan/ton, with a change of - 0.1 yuan; the difference between battery - grade lithium carbonate and the main contract is - 2,590 yuan, up 80 yuan; the difference between the near - month and the first - continuous contract is - 140 yuan, down 60 yuan; the difference between the near - month and the second - continuous contract is - 440 yuan, down 300 yuan [2] Inventory - The total inventory (weekly, tons) is 115,968 tons, with a decrease of 2,452 tons; the downstream inventory (weekly, tons) is 41,984 tons, with a decrease of 2,452 tons; the other inventory (weekly, tons) is 49,660 tons, with an increase of 1,780 tons; the registered warehouse receipts (daily, tons) is 8,222 tons, with an increase of 2,781 tons [2] Profit Estimation - The cash cost of externally purchased lithium spodumene concentrate is 95,970 yuan, and the profit is - 2,927 yuan; the cash cost of externally purchased lithium mica concentrate is 94,750 yuan, and the profit is - 4,016 yuan [3] Industry News - This week, lithium carbonate production decreased by 265 tons and inventory decreased by 2,452 tons [3] - The installed capacity of new energy storage in China exceeds 100 million kilowatts, 30 times that at the end of the 13th Five - Year Plan, accounting for over 40% of the global total installed capacity [3] - During this year's peak summer period, the peak call of new energy storage in China exceeded 30 million kilowatts, 1.3 times the full - load power of the Three Gorges Hydropower Station [3] - The market expects that the mining license for Ningde Times' Xiakeng Mine will be issued in mid - January at the latest and possibly in December at the earliest, and its impact on prices will gradually decrease [3]