Report Summary for Industrial Silicon and Lithium Carbonate Futures 1. Industry Investment Rating No industry investment rating is provided in the report. 2. Core Viewpoints - Industrial Silicon Futures: Currently in a state of oscillatory movement. With stable spot prices last week, the AI - intelligent investment consultation report shows the daily price in a sideways phase, and the main funds have a strong bullish sentiment. It is recommended to wait and see [8][9]. - Lithium Carbonate Futures: Currently on an upward trend. The spot price increased last week, the AI - intelligent investment consultation report shows the futures in a strong upward phase, and the main funds have an obvious bullish attitude. It is recommended to buy on dips [34][35]. 3. Summary by Directory Industrial Silicon Futures - Mid - term Market Analysis - Trend Judgment: Industrial silicon futures are in an oscillatory state. As of January 9, the 421 price in Xinjiang was 9,050 yuan/ton, 9,900 yuan/ton in Yunnan, and 10,000 yuan/ton in Sichuan. The daily price is in a sideways phase, and the main funds are bullish [8]. - Strategy Recommendation: Wait and see due to the oscillatory movement [9]. - Variety Trading Strategy - Last Week's Strategy Review: The 2605 contract oscillated in the range of 8,000 - 9,500 yuan/ton. - This Week's Strategy Recommendation: The main contract is expected to oscillate in the range of 8,000 - 9,500 yuan/ton [12]. - 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 - year seasonality [14]. - As of April 19, 2024, 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 - year seasonality [18]. Lithium Carbonate Futures - Mid - term Market Analysis - Trend Judgment: Lithium carbonate futures are on an upward trend. As of January 9, the market price of industrial - grade lithium carbonate was 136,300 yuan/ton, and that of battery - grade lithium carbonate was 139,100 yuan/ton. The daily futures price is in a strong upward phase, and the main funds are bullish [34][35]. - Strategy Recommendation: Buy on dips as the bottom is rising [35]. - Variety Trading Strategy - Last Week's Strategy Review: The main contract should focus on the support in the range of 100,000 - 105,000 yuan. - This Week's Strategy Recommendation: The main contract should focus on the support in the range of 116,000 - 118,000 yuan [38][39]. - 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 - year seasonality [42]. - As of April 19, 2024, 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 - year seasonality [47].
工业硅、碳酸锂期货品种周报-20260112
Chang Cheng Qi Huo·2026-01-12 08:11