热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 一、现货成交好转，代表煤种提涨 焦煤竞拍市场有所回暖，流拍率出现下降，各煤种下跌幅度放缓，部分煤种开始反弹。 价格方面，18日临汾安泽地区部分低硫主焦煤（S0.5 G80-85）上涨100元/吨，涨后执行现汇价1600元/ 吨。自11月中旬以来，安泽低硫主焦煤从高点1710元/吨下跌至前低1500元/吨，下跌幅度210元/吨。随 着焦煤价格下跌，市场成交开始好转，近日焦煤竞拍流拍率明显下降。17日当日竞拍数11笔，流拍率降 至3%，且部分煤种开始反弹，首钢福山、黄陵矿业、中煤华利、长沁煤焦、晋柳煤业等煤企参与竞拍 煤种均有不同幅度溢价成交的情况。近三日竞拍流拍率也环比下滑，15-17日流拍率分别为25%、13%、 3%，而上周流拍率一度达50%左右。截止18日中午，当日24笔竞拍，流拍率为14%，处于近期偏低水 平，说明随着焦煤现货价格回落，临近年底用户企业都有冬储补库的需要，市场情绪开始好转，下游采 购补库需求开始走强。 二、盘面大幅下跌透支悲观情绪，提前走反弹预期 前期焦煤点评提到过，焦煤2601合约面临较大的交割压力。结合近几次交割情况来 ...

Group 1: Report Industry Investment Rating - There is no information provided regarding the report industry investment rating in the given content. Group 2: Report's Core View - The lithium carbonate futures continued to rise, with the price rising for five consecutive days and showing an obvious bullish trend. Most industrial products rose during the day, and the market's bullish sentiment was strong. However, the spot price increase of lithium carbonate continued to lag behind, and the spot price remained lower than the futures price. The 07 - 09 contract shifted to a positive structure, but the exchange's warehouse receipts decreased again, indicating low enthusiasm for delivery. The increase in ore prices provided hedging opportunities for lithium salt plants purchasing spodumene. It is expected that the weekly production of lithium carbonate will continue to increase. As the lithium price rises, the downstream's purchasing enthusiasm has significantly decreased, while the upstream's selling enthusiasm has increased. In the short term, the futures price increase is mainly due to the rebound after the market's bullish sentiment improved. If the spot price fails to catch up with the futures price increase, the upside potential of the futures price is expected to be limited [12]. Group 3: Summary by Relevant Catalogs 1. Market Review and Operation Suggestions - The lithium carbonate futures continued to rise, with a strong bullish market atmosphere. The spot price of electric carbon increased by 550 to 61,150, remaining lower than the futures price. The 07 - 09 contract became a positive structure, but the exchange's warehouse receipts decreased by 592 tons to 21,998 tons, showing low delivery enthusiasm. The increase in ore prices provided hedging opportunities for salt plants, and it is expected that the weekly production of lithium carbonate will continue to increase. As the price rises, the downstream's purchasing enthusiasm has decreased, while the upstream's selling enthusiasm has increased. The short - term futures price increase is mainly an oversold rebound, and if the spot price fails to keep up, the upside potential of the futures price is limited [12]. 2. Industry News - Argosy Mining Company recently signed a spot sales contract with Hong Kong CB Supply Chain Company to sell 60 tons of battery - grade lithium carbonate produced by its Rincon lithium project. The contract uses the SMM battery - grade lithium carbonate price as the benchmark, indicating that Argosy has become an important supplier in the lithium market [13]. - The SMM battery - grade lithium carbonate index price was 61,279 yuan/ton, a daily increase of 534 yuan/ton. The battery - grade lithium carbonate price ranged from 60,400 to 61,900 yuan/ton, with an average price of 61,150 yuan/ton, a daily increase of 550 yuan/ton. The industrial - grade lithium carbonate price ranged from 59,050 to 60,050 yuan/ton, with an average price of 59,550 yuan/ton, a daily increase of 550 yuan/ton. The lithium carbonate market still has a supply - surplus pattern, and the supply - demand contradiction is prominent. The supply side has sufficient available goods, and the inventory pressure has not been effectively relieved. The recent price increase is mainly driven by external factors such as macro and market sentiment, rather than fundamental improvement. On the demand side, downstream cathode material enterprises maintain a cautious purchasing strategy, mainly for rigid demand, and there is no obvious willingness to replenish inventory, with a strong market wait - and - see sentiment. In this environment, downstream enterprises prefer to lock in procurement costs through long - term contracts [13][14].