碳酸锂弱势运行：碳酸锂日报-20260116

Report Summary 1. Report Industry Investment Rating No investment rating information is provided in the report. 2. Core Viewpoints - The lithium carbonate market is in a weak operation. The closing price of the main contract LC2605.GFE is 146,200 yuan/ton, down 17,020 yuan/ton from the previous day, showing an overall upward trend in the past 10 trading days. The spot price of lithium carbonate is 157,850 yuan/ton, down 0.67% from the previous day, also showing an overall upward trend in the past 10 trading days. The current basis is 4,730 points, a positive basis (spot premium), which has strengthened by 6,450 points from the previous day, and the basis has strengthened overall in the past 10 trading days. The registered warehouse receipt volume of lithium carbonate is 27,458 lots, an increase of 253 lots (+0.93%) from the previous day, and the warehouse receipts have increased overall in the past 10 trading days. The production of energy storage cells remains resilient [4]. 3. Summary by Relevant Catalogs 3.1 Industry Dynamics - Futures Market: The closing price of the main contract is 146,200 yuan/ton, down 17,020 yuan/ton from the previous day and up 2,780 yuan/ton from the previous week; the settlement price of the main contract is 153,120 yuan/ton, down 7,520 yuan/ton from the previous day and up 9,940 yuan/ton from the previous week [6]. - Lithium Ore Prices: The prices of Australian, Brazilian, Zimbabwean, and Malian lithium spodumene concentrates imported into China have different degrees of decline or increase compared with the previous week. The average price of South African lithium spodumene raw ore and the average prices of lithium mica with different Li₂O contents in China also have corresponding price changes [6]. - Lithium Salt Prices: The price of domestic 99.5% electric-grade lithium carbonate is 157,850 yuan/ton, down 1,070 yuan/ton from the previous day and up 17,810 yuan/ton from the previous week. The prices of domestic 56.5% lithium hydroxide and related products also have different degrees of decline or increase compared with the previous day and the previous week [6]. - Downstream Product Prices: The prices of some ternary precursors, ternary materials, and other products have increased, while the prices of some products such as electrolyte and lithium hexafluorophosphate have remained unchanged or decreased [6]. 3.2 Related Charts - Ore and Lithium Prices: Include lithium mica price change chart, lithium carbonate futures main price chart, lithium carbonate price chart, lithium hydroxide price chart, lithium carbonate basis chart, and lithium hydroxide - lithium carbonate price difference chart [8]. - Cathode & Ternary Materials: Include the price charts of manganese - acid lithium, domestic iron - phosphate lithium, cobalt - acid lithium, ternary precursors, and ternary materials [11]. - Other Related Data of Lithium Carbonate Futures: Include the change charts of the main trading volume, main open interest, and registered warehouse receipt volume of lithium carbonate futures [19][20].