碳酸锂数据日报-20260310

Group 1: Report Industry Investment Rating - No relevant information provided Group 2: Report's Core View - In the short term, lithium carbonate prices may fluctuate under hedging pressure due to increased risk - aversion sentiment of funds and the need for short - term profit - taking, but the fundamentals are supportive as supply and demand both increase and downstream continuous restocking supports prices [3] Group 3: Summary by Related Catalogs Lithium Compounds - SMM battery - grade lithium carbonate average price is 154,750 yuan, down 500 yuan; SMM industrial - grade lithium carbonate average price is 151,250 yuan, down 500 yuan [1] - For lithium carbonate futures contracts, the closing price of lithium carbonate 2603 is 148,500 yuan, down 3.37%; lithium carbonate 2604 is 160,500 yuan, up 2.45%; lithium carbonate 2605 is 161,060 yuan, up 2.94%; lithium carbonate 2606 is 160,320 yuan, up 2.19%; lithium carbonate 2607 is 160,900 yuan, up 2.97% [1] Lithium Ore - Lithium spodumene concentrate (CIF China) (Li20: 5.5% - 6%) average price is 2170 yuan, up 15 yuan; lithium mica (Li20: 1.5% - 2.0%) is 3455 yuan; lithium mica (Li20: 2.0% - 2.5%) is 5190 yuan; phospho - lithium - aluminum stone (Li20: 6% - 7%) is 12,975 yuan, up 150 yuan; phospho - lithium - aluminum stone (Li20: 7% - 8%) is 14,150 yuan, up 150 yuan [1][2] Cathode Materials - The average price of lithium iron phosphate (power type) is 54,685 yuan, down 125 yuan; the average price of ternary material 811 (polycrystalline/power type) is 209,500 yuan; ternary material 523 (single - crystal/power type) is 182,050 yuan; ternary material 613 (single - crystal/power type) is 183,750 yuan [2] Price Spreads - The price difference between battery - grade and industrial - grade lithium carbonate (electro - carbon - industrial - carbon) is 3500 yuan; the price difference between electro - carbon and the main contract is - 6310 yuan, down 5400 yuan; the price difference between the near - month and the next - month contract (near - month - continuous one) is - 560 yuan, down 260 yuan; the price difference between the near - month and the second - next - month contract (near - month - continuous two) is 180 yuan, up 420 yuan [2] Inventory - The total inventory (weekly, tons) is 99,373 tons, down 720 tons; the smelter inventory (weekly, tons) is 17,476 tons, down 906 tons; the downstream inventory (weekly, tons) is 43,757 tons, up 3736 tons; other inventory (weekly, tons) is 38,140 tons, down 3550 tons; the registered warehouse receipts (daily, tons) is 36,861 tons, up 531 tons [2] Profit Estimation - The cash cost of purchasing lithium spodumene concentrate externally is 155,468 yuan, and the profit is - 2786 yuan; the cash cost of purchasing lithium mica concentrate externally is 154,659 yuan, and the profit is - 5474 yuan [3] Industry Situation - In January 2026, the new - energy vehicle market ran smoothly, with production and sales of 1.041 million and 0.945 million vehicles respectively, a year - on - year increase of 2.5% and a certain percentage (not fully given in the context). In January, new - energy vehicle exports maintained high - speed growth, with 0.302 million vehicles exported, a year - on - year increase of 100% [3]