市场情绪偏强叠加供应担忧锂价开年大涨

Report Summary 1. Report's Industry Investment Rating No information provided. 2. Core Viewpoint The fundamentals of lithium carbonate are weakening marginally, but the long - term outlook is positive. With frequent supply disruptions and positive market sentiment, the price is expected to fluctuate strongly. It is recommended to look for opportunities to buy on dips. [4] 3. Summary by Relevant Catalog New Price Dynamics and Reasons On January 5th, the lithium carbonate futures price soared. The main contract rose significantly. The reasons are strong market sentiment as some funds re - entered the market after the holiday, and concerns about South American lithium resources supply due to the geopolitical issues in Venezuela during the New Year's Day. The "Solid Waste Comprehensive Management Action Plan" issued on January 4th also affected market sentiment. [1][2] Fundamental Situation The current demand for lithium carbonate is marginally weakening, but the long - term demand forecast is strong, and the supply remains high. The market game has a large impact on prices. The concentrated maintenance of several leading cathode material manufacturers in January will lead to weaker demand and increased inventory. However, the price is still expected to fluctuate strongly due to positive market sentiment and long - term optimism. The "Solid Waste Comprehensive Management Action Plan" may affect the pace of capacity release, and the beneficiation capacity in Sichuan may become a bottleneck in 2026. [3] Summary and Strategy Although the fundamentals of lithium carbonate are weakening marginally, the long - term expectation is good. With frequent supply disruptions and positive capital sentiment, the price will mainly fluctuate strongly. It is recommended to pay attention to opportunities to buy on dips. [4]