Core Viewpoint - The lithium carbonate market has experienced a significant rebound in the second half of the year, with prices rising from 60,000 yuan per ton to over 70,000 yuan, marking a shift from a prolonged downturn to a potential recovery [1][2]. Price Recovery - The average price of battery-grade lithium carbonate reached 73,200 yuan on October 17, up 13,300 yuan from the low of 59,000 yuan on June 25, representing a 22.23% increase [2]. - The market had faced a severe downturn for nearly two years, with prices dropping below 70,000 yuan and hitting a low of 59,000 yuan in late June [2]. - The price drop below 60,000 yuan had forced many lithium salt companies into losses, leading to production halts in regions like Jiangxi and Sichuan [2]. Supply and Demand Dynamics - The rebound in prices is attributed to marginal improvements in supply and demand fundamentals [3]. - Supply constraints have been influenced by new policies that classify lithium as a strategic mineral, increasing production costs and reducing supply by 47,000 tons this year [3]. - Demand remains stable, supported by government initiatives to boost electric vehicle (EV) consumption, including financial incentives for trade-ins and loans [3][4]. Inventory Trends - Domestic lithium carbonate inventory has been decreasing since June, with a reduction of approximately 21,000 tons by the end of September, nearly a 50% decline [4]. Long-term Market Outlook - Industry experts express caution regarding the sustainability of the current price rebound, indicating that the fundamental issue of oversupply remains unresolved [5]. - High demand for lithium is expected to continue, but planned supply increases from producers between 2025 and 2028 may exceed market needs, leading to potential oversupply [6]. - The demand for lithium may face challenges post-2027 as subsidies are removed, and shifts in technology preferences could further impact demand dynamics [6].

齐鲁晚报.齐鲁壹点张雪 5月26日，北京市正式公布本年度家庭新能源小客车指标配置结果。数据显示，家庭新能源指标入围分 数线为42分，较2024年的60分大幅下降18分，创下北京自2021年实施家庭积分摇号政策以来的历史最低 值。此次共配置11.84万个家庭新能源指标，其中6万个为2025年新增指标，直接惠及34万余个申请家庭 中的中签者。 从历年分数线变化看，北京家庭新能源指标竞争激烈程度呈现波动。2021年至2024年分数线分别为50 分、56分、60分、60分，而2024年7月因一次性增发2万个指标，分数线曾短暂降至54分。2025年通过扩 大增发规模至6万个，进一步降低准入门槛，缓解了"高分家庭"长期摇号无果的困境。 2.以旧换新补贴加码：报废国四及以下排放标准燃油车并购买新能源车，补贴从1万元提升至2万元；购 买2.0L及以下燃油车补贴增至1.5万元。政策覆盖2012年前注册的汽油车和2018年前注册的新能源车， 惠及存量车主。 增发指标+以旧换新 其次，充电基础设施投资激增，国网北京电力计划年内新建8000个公共充电桩，重点覆盖五环外新兴社 区；电池回收、二手车流通等后市场服务同步扩容。 双轨驱动消 ...