库存与仓单：碳酸锂库存攀升至140793实物吨，周环比增加1.77%，连续四 周累库，基本面过剩压力持续。 碳酸锂资金情绪背离基本面 反弹动能不足转入震荡 一、日度市场总结 碳酸锂期货市场数据变动分析 主力合约与基差：碳酸锂主力合约价格7月15日收66660元/吨，较前一交易 日上涨0.27%；基差上行至-1,960元/吨，近月价格仍维持贴水结构。 持仓与成交：主力合约持仓量缩减3.94%至342146手，成交量收缩24.69%至 764028手，市场活跃度略有下降。 产业链供需及库存变化分析 供给端：国内碳酸锂产能利用率微升0.2个百分点至62%，产能小幅释放； 锂辉石、锂云母精矿价格持稳于665元/吨和780元/吨，成本端尚无显著波 动。 需求端：动力电池材料价格分化，磷酸铁锂涨55元/吨至31330元/吨，三元 材料微跌90元/吨至115165元/吨，下游需求结构存在差异。乘联会数据显 示，7月1-6日新能源车零售环比下降11%，终端需求增速边际放缓，下游企 业以长协和客供为主，现货采购意愿疲弱。 市场小结 当前碳酸锂期货价格反弹主要由资金情绪驱动，与基本面呈现背离。供给 端产能逐步释放且库存高企，需求 ...

Group 1: Market Trends - The domestic futures market saw a collective rise in coking coal and coke prices on June 23, with coking coal up 1.25% to 807 yuan/ton, an increase of nearly 100 yuan since the beginning of the month, while coke fell 0.22% to 1385 yuan/ton, also up by 100 yuan from the start of June [1] - The fourth round of price reductions for coke has been implemented, leading to a weak price trend in the market despite the recent rebound in futures prices [1][2] - The overall coking coal market is experiencing a downward trend due to sufficient supply and low demand from coking plants, which are maintaining low inventory strategies [2] Group 2: Profitability and Production - As of June 19, the profitability of coking plants is at the breakeven point, with profits of 33 yuan/ton in Shandong, 18 yuan/ton in Hebei, and 17 yuan/ton in Shanxi [3] - The steel mills are experiencing improved profitability, with profits for steel billets increasing by 35 yuan/ton to 192 yuan/ton and rebar profits rising by 31.4 yuan/ton to 110 yuan/ton [3] - The operating rate of independent coking enterprises has decreased to 74.14%, while the operating rate of blast furnaces has slightly increased to 83.54%, indicating a tightening supply-demand balance in the black industry chain [4] Group 3: Future Outlook - The outlook for the second half of 2025 suggests that the rebound in coal and coke prices will depend on market expectations regarding supply-demand balance, with potential disruptions expected due to stricter safety inspections and upstream profit pressures [5] - The expected price range for coking coal and coke futures contracts in the second half of the year is projected to be between 650-1050 yuan/ton and 1150-1500 yuan/ton, respectively [5]

| 应用别 | 尺寸 | 分辨率 | 出货型态 | | | 液晶显示屏价格下旬预测 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | TEE | 를 | 均价 | 与前月差异(%) | | | 电视 | eenw | 3840x2160 | Open-Cell | 173 | 181 | 177 | 0.0 | 0.0% | | | SE. M | 3840x2160 | Open-Cell | 122 | 129 | 127 | 0.0 | 0.0% | | | 43"W | 1920x1080 | Open-Cell | રવ | 67 | રેસ | 0.0 | 0.0% | | | 32"W | 1366x768 | Open-Cell | 35.0 | 37.0 | 36.0 | 0.0 | 0.0% | | 桌上显示器 | 27"W (IPS) | 1920x1080 | LED | 57.6 | 65.8 | 63.0 | 0.0 | 0.0% | | | 23.8"W (IPS) | 1920x108 ...

01 周价格表 | 多晶硅 (Per KG) | 高点 | 低点 | 均价 | 涨跌幅 | | --- | --- | --- | --- | --- | | N型复投料(RMB) | 38.500 | 35.500 | 37.000 | -1.33% | | N型致密料(RMB) | 36.500 | 34.500 | 34.500 | -1.43% | | N型颗粒硅(RMB) | 34.500 | 32.000 | 33.500 | -1.47% | | 非中国区多盟娃(USD) | 22.000 | 13.100 | 18.000 | -1.10% | | 硅片 (Per pc) | 高点 | 低点 | 均价 | 涨跌幅 | | N型183单晶硅片-183mm/130μm (RMB) | 0.950 | 0.920 | 0.930 | 0.00% | | N型210单晶硅片-210mm/130μm (RMB) | 1.300 | 1.250 | 1.270 | -2.31% | | N型210R单晶硅片-210*182mm/130μm (RMB) | 1.080 | 1.050 | 1.070 | - ...

周价格表 | 多晶硅 (Per KG) | 高点 | 低点 | 均价 | 涨跌幅 | | --- | --- | --- | --- | --- | | N型复投料(RMB) | 45.000 | 39.000 | 41.000 | 0.00% | | N型致密料(RMB) | 42.000 | 37.000 | 40.000 | 0.00% | | N型颗粒硅(RMB) | 39.000 | 37.000 | 38.000 | 0.00% | | 非中国区多智娃(USD) | 22.000 | 13.100 | 18.700 | -1.58% | | 硅片 (Per pc) | 高点 | 低点 | 均价 | 涨跌幅 | | N型183单晶硅片-183mm/130pm (RMB) | 1.250 | 1.180 | 1.230 | -1.60% | | N型210单晶硅片-210mm/130pm (RMB) | 1.550 | 1.480 | 1.500 | -3.23% | | N型210R单晶硅片-210*182mm/130µm (RMB) | 1.500 | 1.350 | 1.430 | -4.67% ...