智通财经APP获悉，锂业股午后拉升，截至发稿，赣锋锂业(01772)涨2.76%，报52.1港元；天齐锂业 (09696)涨2.21%，报50港元。 消息面上，广期所碳酸锂主力合约午后直线拉升，现涨超4%，报111840元/吨。华泰期货认为，供应端 的不确定性仍是支撑价格偏强的关键因素之一。整体来看，短期大概率维持高位震荡，需聚焦产能释放 节奏与资金动向，警惕供需边际变化带来的波动加剧。 ...

Core Viewpoint - The lithium carbonate futures prices experienced a significant decline, with the main contract LC2601 dropping by 9% to 91,020 yuan/ton, reflecting a bearish sentiment in the market [1][2]. Market Performance - The market sentiment has cooled, with a substantial reduction in positions; the main contract saw a decrease of 68,000 contracts, indicating caution among bullish investors [3]. - Weekly inventory reduction has slowed, with a total inventory of 118,000 tons as of November 20, showing a decrease of 2,052 tons week-on-week, which is less than market expectations [3]. Supply and Demand Dynamics - The demand for lithium carbonate may have reached a temporary peak, influenced by the upcoming reduction in subsidies for new energy vehicles in 2026, which could lead to a front-loading of car purchases [3]. - Weekly lithium carbonate production increased to 22,100 tons, up by 585 tons, maintaining high supply levels [3]. Market Reactions to News - The announcement regarding CATL's plan to restart the Jiangxiawo lithium mine project in early December has garnered significant market attention, although the exact timeline remains uncertain [4]. - Analysts caution against overreacting to this news, as previous expectations regarding the mine's production resumption have led to price volatility [4]. Future Outlook - Short-term market sentiment remains negative, with potential for further price declines, but there are signs of improved demand in the spot market [4]. - The resumption of the Jiangxiawo lithium mine could lead to a loosening of supply-demand balance in December, potentially exerting downward pressure on lithium carbonate prices [4][5]. - The ability of domestic lithium carbonate production to quickly respond to market changes suggests that supply dynamics will heavily depend on actual demand performance moving forward [5].

2025年11月21日，国内主力合约多数下跌。碳酸锂封跌停板，跌幅9%，沪银、红枣、集运指数（欧 线）跌超3%，低硫（LU）、工业硅跌近3%。涨幅方面，淀粉、、菜粕涨超1%。 11月19日：证券部工作人员回应，公司盐湖提锂项目的碳酸锂产品还在试生产阶段，目前没有具体报 价。 11月18日：广期所公告称，自2025年11月20日交易时起，碳酸锂期货LC2601合约的交易手续费标准调 整为成交金额的万分之一点二，日内平今仓交易手续费标准调整为成交金额的万分之一点二。 11月17日：据SMM披露，10月碳酸锂需求量126961吨，较上月增加10160吨，增幅44.3%。9月出口量环 比-218.09至150.82吨。 | 序号 | 合约名称 | 最新 | 现手 | 来价 | 英伦 | 液幅81 | 第 | 英超 | 成交通 | 器器 | 持仓量 | 日增仓 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | 碳酸锂2601 ™ | 91020 | 1 | - | 91020 | -9.00% ...

9月10日，碳酸锂期货大幅低开，主力合约一度跌超7%，随后跌幅略有收窄。截至当日收盘，主力合约 报70720元／吨，下跌4.87%。 谈及碳酸锂期货价格下跌的原因，中信期货分析师王美丹表示，主要是市场传出宁德时代枧下窝锂矿复 产消息，供应增长预期增强，市场情绪转向，推动价格下跌。 据了解，宁德时代枧下窝锂矿于8月10日开始停产。据中信期货分析师杨飞介绍，枧下窝锂矿及配套冶 炼厂的碳酸锂产量约1万吨／月，占国内总产量的12.5%。杨飞表示，在三季度碳酸锂市场供需紧平衡 的背景下，该锂矿停产或造成单月数千吨的供应缺口。 记者留意到，在宁德时代枧下窝锂矿停产"满月"之际，市场传出复产消息。 9月10日，记者求证获悉，宁德时代控股子公司宜春时代新能源矿业有限公司于9月9日召开了"枧下窝锂 矿复产工作会议"，讨论推进枧下窝锂矿复产工作。 记者了解到，此次召开会议，给公司内部的办证小组下达了任务目标，争取能够在今年11月完成枧下窝 锂矿的复产工作。但能否如期达成复产目标，尚无定论，后续或根据实际推进情况进行灵活调整。 "昨日午后，有消息称宁德时代召开锂矿复产会议，市场将其解读为枧下窝锂矿的采矿证不再受矿种影 响，复产速度 ...

碳酸锂主力合约短线回落，现涨幅收窄至4.37%，报66900元/吨，此前一度涨超6%。 ...