碳酸锂：供需偏紧，关注电车销量情况

Report Industry Investment Rating - Not provided in the given content Core Viewpoints - The supply of lithium carbonate is tight, and attention should be paid to the sales volume of electric vehicles [1] - The overall growth trend of China's automobile exports remains unchanged, and the short - term interference in the Middle East market does not change this trend [3] Summary According to Relevant Catalogs Fundamental Tracking - 2605 Contract: The closing price is 156,160, with a change of -19,880 compared to T - 5; the trading volume is 228,224, a decrease of 72,281 compared to T - 1; the open interest is 333,903, with a change of 1,529 compared to T - 1 [1] - 2607 Contract: The closing price is 156,420, with a change of -20,180 compared to T - 5; the trading volume is 28,339, a decrease of 13,253 compared to T - 1; the open interest is 91,949, a decrease of 1,030 compared to T - 1 [1] - Warehouse Receipts: The quantity is 36,330 hands, a decrease of 510 compared to T - 1 [1] - Basis: The basis between spot and 2605 contract is -910; the basis between 2605 and 2607 contracts is -260 [1] - Raw Materials: The price of lithium spodumene concentrate (6%, CIF China) is 2,155; the price of lithium mica (2.0% - 2.5%) is 5,190 [1] - Lithium Salts: The price of battery - grade lithium carbonate is 155,250; the price of industrial - grade lithium carbonate is 151,750 [1] - Related Products: The price of lithium iron phosphate (power - type) is 54,810; the price of ternary material 523 (polycrystalline/consumer - type) is 190,500 [1] Macro and Industry News - The Chinese government's work report shows that new - quality productivity has developed steadily, and the added values of high - tech manufacturing and equipment manufacturing have increased by 9.4% and 9.2% respectively. The production of industrial robots and integrated circuits has increased by 28% and 10.9% respectively, and the annual output of new - energy vehicles has exceeded 16 million [2][3] - China's automobile exports have maintained a strong growth trend. Although the Middle East market has short - term interference, it does not change the overall growth trend [3] Trend Intensity - The trend intensity of lithium carbonate is 0, indicating a neutral view [3]