Report Industry Investment Rating No relevant content provided. Core Viewpoints of the Report - This week, the price of lithium carbonate futures contracts strengthened. The 2511 contract closed at 75,700 yuan/ton, up 2,960 yuan/ton week-on-week, and the 2601 contract closed at 75,780 yuan/ton, up 2,880 yuan/ton week-on-week. The spot price decreased by 200 yuan/ton to 73,350 yuan/ton [1]. - The futures warehouse receipts of lithium carbonate decreased by 12,000 tons, leading to a significant increase in the futures price, and the premium/discount remained strong. Affected by the strong real - demand for energy storage, both the futures and spot prices were driven up [3]. - Looking ahead, lithium carbonate is expected to run strongly. However, there are two major risk points: the potential resumption of production of large - scale mica mines in Jiangxi around the end of the year and the uncertainty of additional US tariffs on China around the end of October, which may weaken the current strong demand for energy storage [3]. Summary by Related Catalogs 1. Market Data - The report presents data on the price differences between lithium carbonate spot and futures, as well as futures inter - period price differences. It also provides a detailed overview of the spot market prices of the lithium industry chain, including various lithium ores, electrolytes, cathode materials, and lithium batteries [5]. 2. Upstream Supply of Lithium Salts - Lithium Mines - The processing profit and average price trends of lithium spodumene concentrate are shown, along with the monthly import volume and price of lithium concentrate, especially from Australia [7]. 3. Mid - stream Consumption of Lithium Salts - Lithium Salt Products - Multiple price trend charts of battery - grade lithium carbonate in different regions and production sources are provided, including the price differences between battery - grade and industrial - grade lithium carbonate, the cost of futures discounts, and the processing cost of converting industrial - grade to battery - grade lithium carbonate. - The report also shows the monthly production, export volume, and inventory data of lithium carbonate, as well as the monthly production data of battery - grade and industrial - grade lithium carbonate by region and raw material [11][13][16]. 4. Downstream Consumption of Lithium Salts - Lithium Batteries and Materials - The apparent consumption and inventory available days of lithium carbonate in China are presented. - The monthly production and operating rate data of lithium iron phosphate and ternary materials are provided, along with the import and export volume of ternary materials and the installed capacity of lithium batteries in China. - The production data of various types of power lithium batteries in China are also shown [18][20][21].