碳酸锂数据日报-20260330

1. Report Industry Investment Rating - No information provided about the report industry investment rating 2. Core View of the Report - The price of lithium carbonate futures is under pressure from macro hedging and slower inventory depletion, but is supported by demand. Due to the unclear macro situation, investors are advised to participate with caution [3] 3. Summary by Relevant Catalogs Lithium Compounds - SMM battery - grade lithium carbonate has an average price of 158,000 with a rise of 1,500; SMM industrial - grade lithium carbonate has an average price of 155,000 with a rise of 1,500 [1] - Futures contracts of lithium carbonate: Li2604 has a closing price of 167,480 with a 6.55% increase; Li2605 has a closing price of 168,440 with a 6.12% increase; Li2606 has a closing price of 168,440 with a 6.23% increase; Li2607 has a closing price of 168,400 with a 6.22% increase; Li2608 has a closing price of 168,920 with a 6.83% increase [1] Lithium Ore - Lithium spodumene concentrate (CIF China, Li2O: 5.5% - 6%) has an average price of 2,230 with a rise of 20 [1] - Lithium mica (Li2O: 1.5% - 2.0%) has a price of 3,475 with a rise of 150; lithium mica (Li2O: 2.0% - 2.5%) has a price of 5,050 with a rise of 250; petalite (Li2O: 6% - 7%) has a price of 13,275 with a rise of 45; petalite (Li2O: 7% - 8%) has a price of 14,500 with a rise of 500 [2] Cathode Materials - Lithium iron phosphate (power type) has an average price of 55,475 with a rise of 365; ternary material 811 (polycrystalline/power type) has an average price of 211,150 with a rise of 400; ternary material 523 (single - crystal/power type) has an average price of 184,250 with a rise of 500; ternary material 613 (single - crystal/power type) has an average price of 186,300 with a rise of 400 [2] Price Spreads - The price spread between battery - grade and industrial - grade lithium carbonate is 3,000 with no change; the spread between battery - grade lithium carbonate and the main contract is - 10,440 with a change of - 9,740; the spread between the near - month and the first - continuous contract is - 960 with a change of - 1,860; the spread between the near - month and the second - continuous contract is - 960 with a change of - 2,240 [2] Inventory - The total inventory (weekly, tons) is 99,489 with an increase of 616; the smelter inventory (weekly, tons) is 17,332 with an increase of 724; the downstream inventory (weekly, tons) is 46,657 with an increase of 552; the other inventory (weekly, tons) is 35,500 with a decrease of 660; the registered warehouse receipts (daily, tons) is 30,111 with a decrease of 640 [2] Profit Estimation - The cash cost of purchasing lithium spodumene concentrate is 159,158, and the profit is - 3,183; the cash cost of purchasing lithium mica concentrate is 151,428, and the profit is 1,295 [3] Industry News - The Delhi government in India plans to announce a policy during the Delhi budget meeting next week to provide cash subsidies for individuals who scrap locally registered BS - IV and earlier standard fuel vehicles and purchase electric vehicles to accelerate the electrification transformation and reduce the number of old high - emission vehicles [3]