锂矿及锂化合物

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碳酸锂日评:谨防情绪回落,持仓注意保护-20250820
Hong Yuan Qi Huo· 2025-08-20 01:26
Report Industry Investment Rating - Not provided in the given content Core Viewpoints - The profit margin expands, lithium carbonate production rebounds, downstream demand rises, and social inventory is depleted. In the short term, both supply and demand are strengthening. However, due to the continuous fluctuations in the Jiangxi mining end, there is a need to guard against price drops caused by "anti - involution." It is expected that the lithium carbonate price will fluctuate widely. Operationally, it is recommended to conduct short - term range trading and appropriately buy options for protection (Viewpoint score: 0) [1] Summary by Related Catalogs Market Data of Lithium Carbonate Futures - On August 19, 2025, the closing prices of near - month, consecutive - one, consecutive - two, and consecutive - three contracts of lithium carbonate futures decreased compared to the previous day, with decreases of 1,720, 1,680, 1,820, and 1,820 yuan/ton respectively. The closing price of the active contract was 87,540 yuan/ton, a decrease of 1,700 yuan/ton from the previous day [1] - The trading volume of the active contract was 734,929 lots (-301,399), and the open interest was 414,097 lots (-7,009) [1] - The inventory was 23,615 tons (+60) [1] Price of Lithium - Related Products - The average price of SMM battery - grade lithium carbonate was 85,700 yuan/ton (+1,100), and the average price of industrial - grade lithium carbonate was 83,400 yuan/ton (+1,100). The price difference between battery - grade and industrial - grade lithium carbonate remained at 2,300 yuan/ton [1] - The average price of lithium hydroxide (56.5% battery - grade CIF China, Japan, and South Korea) was 8.85 US dollars/kg, unchanged from the previous day. The average price of domestic battery - grade coarse - particle lithium hydroxide was 77,740 yuan/ton (+1,000), and the average price of domestic battery - grade micron - powder lithium hydroxide was 82,710 yuan/ton (+1,000) [1] Inventory of Lithium Carbonate - The SMM lithium carbonate inventory: The inventory of smelters was 49,693 tons (-1,306), the inventory of downstream users was 48,283 tons (+124), and the inventory of others was 44,280 tons (+1,020). The total inventory was 142,256 tons (-162) [1] Industry News - Jiangte Motor (002176.SZ) announced that its wholly - owned subsidiary, Xuancheng Jinkong New Energy Co., Ltd., has completed equipment maintenance and will resume production soon. The maintenance aimed to reduce production costs and ensure the safe and stable operation of production equipment [1] Supply and Demand Situation - On the cost side, the prices of spodumene concentrate and lithium mica remained unchanged. In terms of supply, the production of lithium carbonate increased last week. In terms of downstream demand, the production of lithium iron phosphate and ternary materials increased last week. In August, the production schedule of lithium cobaltate decreased, and the production schedule of lithium manganate increased. The production of power batteries increased last week. In terms of terminal demand, in July, although the year - on - year growth rate of new energy vehicle production and sales continued, the sales volume decreased month - on - month, and the 3C shipments were average. In August, the production of energy - storage batteries increased [1]
碳酸锂数据日报-20250808
Guo Mao Qi Huo· 2025-08-08 07:47
对个别投资者特殊的投资目标、财务状况或需要,投资者需自行判断本报告中的任何意见或建议是否符合其特定状况,据此投资,责任自负。本报告仅向 特定客户推送,未经国贸期货授权许可,任何引用、转载以及向第三方传播的行为均构成对国贸期货的侵权,我司将视情况追究法律责任。 ITC国贸期货 世界500强投资 贸期货有限公司 一流的衍生品综合服务商 www.itf.com. 48 2 ntan ITG国贸期货 投资咨询业务资格:证监许可【2012】31号 炭酸锂数据日报 谢灵 投资咨询号: Z0015788 从业资格号: F3040017 国贸期货研究院 2025/08/08 有色金属研究中心 研究助理 陈宇森 从业资格号: F03123927 据来源: SMM. 公开新闻整理 1000000 锂化合物 平均价 涨跌 SMM电池级碳酸锂 71100 150 80000 4000 SMM工业级碳酸锂 69000 150 收盘价 期货合约 涨跌幅 3000 60000 碳酸锂2508 70000 3.24% 71920 碳酸锂2509 5. 3% 40000 2000 碳酸锂2510 5. 31% 72200 碳酸锂2511 > ...
碳酸锂数据日报-20250806
Guo Mao Qi Huo· 2025-08-06 09:40
Report Investment Rating - No information provided Core View - The price of lithium carbonate is falling, and the demand - side production increase is small. The support below the price is weak. In the short term, the futures price may continue to be under pressure [3] Summary by Related Catalogs Lithium Compounds - SMM battery - grade lithium carbonate average price is 71,200 yuan/ton, down 150 yuan; SMM industrial - grade lithium carbonate average price is 69,100 yuan/ton, down 150 yuan [1] - Futures prices of lithium carbonate contracts from 2508 to 2512 are all falling, with the 2508 contract closing at 67,300 yuan, down 3.19% [1] Lithium Ore - Lithium spodumene concentrate (CIF China) price is 760 yuan, with no change [1] - Lithium mica prices range from 1,085 yuan to 1,710 yuan depending on Li₂O content; phospho - lithium - aluminum stone prices range from 5,275 yuan to 6,200 yuan and are falling [2] Cathode Materials - The average price of lithium iron phosphate (power type) is 32,595 yuan, down 35 yuan; the average prices of ternary materials 811, 523, and 613 are rising [2] Price Differences - The difference between battery - grade and industrial - grade lithium carbonate is 2,100 yuan; the difference between battery - grade lithium carbonate and the main contract is 3,360 yuan, up 1,050 yuan [2] Inventory - Total inventory (weekly) is 141,726 tons, down 1,444 tons; smelter inventory (weekly) is 51,958 tons, down 3,427 tons; downstream inventory (weekly) is 45,888 tons, up 3,073 tons; other inventory (weekly) is 43,880 tons, down 1,090 tons; registered warehouse receipts (daily) are 14,443 tons, up 1,840 tons [2] Profit Estimation - The cash cost of purchasing lithium spodumene concentrate externally is 68,421 yuan, and the profit is 7,529 yuan; the profit of purchasing lithium mica concentrate externally is - 6,997 yuan [3]
碳酸锂数据日报-20250801
Guo Mao Qi Huo· 2025-08-01 05:58
Report Industry Investment Rating - There is no information about the report industry investment rating in the provided content. Core View of the Report - The meeting of the Political Bureau of the CPC Central Committee on July 30 pointed out the need to deepen reforms, promote the development of new - quality productivity through scientific and technological innovation, and optimize market competition order. It also mentioned governing disorderly competition among enterprises and promoting capacity governance in key industries. The market sentiment may cool down due to the Politburo's stance on anti - involution and "low - price" expressions. In the short term, although downstream stocking is significant, downstream production scheduling has not increased, and the actual consumption of inventory is limited. There is a possibility of capital re - entry, and prices are expected to be mainly in a weak oscillation. Industrial players can consider hedging on price rallies [3]. Summary by Related Catalogs Lithium Compound Prices - SMM battery - grade lithium carbonate has an average price of 72,000 yuan/ton, down 950 yuan [1]. - SMM industrial - grade lithium carbonate has an average price of 69,900 yuan/ton, down 950 yuan [1]. - The price difference between battery - grade and industrial - grade lithium carbonate is 2,100 yuan/ton, with no change [2]. Lithium Compound Futures - The closing price of lithium carbonate 2508 is 68,000 yuan/ton, down 4.87% [1]. - The closing price of lithium carbonate 2509 is 68,280 yuan/ton, down 4.66% [1]. - The closing price of lithium carbonate 2510 is 68,440 yuan/ton, down 4.01% [1]. - The closing price of lithium carbonate 2511 is 68,600 yuan/ton, down 3.98% [1]. - The closing price of lithium carbonate 2512 is 69,120 yuan/ton, down 3.46% [1]. Lithium Ore Prices - The price of lithium spodumene concentrate (CIF China) is 766 yuan, down 10 yuan [1]. - The price of lithium mica (Li20: 1.5% - 2.0%) is 1,120 yuan, down 20 yuan [2]. - The price of lithium mica (Li20: 2.0% - 2.5%) is 1,750 yuan, down 25 yuan [2]. - The price of phospho - lithium - aluminum stone (Li20: 6% - 7%) is 5,325 yuan, down 350 yuan [2]. - The price of phospho - lithium - aluminum stone (Li20: 7% - 8%) is 6,250 yuan, down 375 yuan [2]. Cathode Material Prices - The average price of lithium iron phosphate (power type) is 32,885 yuan, down 305 yuan [2]. - The average price of ternary material 811 (polycrystalline/power type) is 145,130 yuan, up 90 yuan [2]. - The average price of ternary material 523 (single - crystal/power type) is 116,895 yuan, down 100 yuan [2]. - The average price of ternary material 613 (single - crystal/power type) is 122,455 yuan, up 80 yuan [2]. Price Spreads - The price difference between battery - grade lithium carbonate and the main contract is 3,720 yuan, an increase of 1,370 yuan [2]. - The price difference between the near - month and the first - continuous contract is - 280 yuan, an increase of 60 yuan [2]. - The price difference between the near - month and the second - continuous contract is - 440 yuan, a decrease of 60 yuan [2]. Inventory - The total inventory (weekly, tons) is 141,726 tons, down 1,444 tons [2]. - The inventory of smelters (weekly, tons) is 51,958 tons, down 3,427 tons [2]. - The inventory of downstream enterprises (weekly, tons) is 45,888 tons, up 3,073 tons [2]. - The inventory of other sectors (weekly, tons) is 43,880 tons, down 1,090 tons [2]. - The registered warehouse receipts (daily, tons) is 5,545 tons, down 6,731 tons [2]. Profit Estimation - The cash cost of purchasing lithium spodumene concentrate externally is 68,893 yuan, and the profit is 7,621 yuan [3]. - The cash cost of purchasing lithium mica concentrate externally is not clearly stated, and the profit is - 7,136 yuan [3].
碳酸锂数据日报-20250725
Guo Mao Qi Huo· 2025-07-25 06:43
Report Industry Investment Rating - No information provided Core View of the Report - Affected by rumors from the supply side of Jiangxi mines, the price of lithium carbonate has rapidly soared. At the current price level, the acceptance of the spot market by downstream buyers is low, resulting in a small actual trading volume. In the short term, market sentiment is strong with frequent speculations, and the pricing weight of fundamental contradictions and hedging pressure may increase. Industrial players can consider hedging at high prices [3] Summary by Relevant Catalogs Lithium Compounds - The average price of SMM battery - grade lithium carbonate is 70,550 yuan/ton, with a daily increase of 100 yuan; the average price of SMM industrial - grade lithium carbonate is 68,900 yuan/ton, with a daily increase of 100 yuan [1] - The closing prices and daily increases of lithium carbonate futures contracts are as follows: Li2508 at 76,500 yuan/ton with a 5.84% increase; Li2509 at 76,680 yuan/ton with a 7.21% increase; Li2510 at 75,460 yuan/ton with a 6.1% increase; Li2511 at 75,000 yuan/ton with a 6.17% increase; Li2512 at 74,680 yuan/ton with a 6.35% increase [1] Lithium Ore - The price of lithium spodumene concentrate (CIF China) (Li2O: 5.5% - 6%) is 764 yuan, with a daily increase of 14 yuan; the price of lithium mica (Li2O: 1.5% - 2.0%) is 1080 yuan, with a daily increase of 40 yuan; the price of lithium mica (Li2O: 2.0% - 2.5%) is 1655 yuan, with a daily increase of 50 yuan; the price of amblygonite (Li2O: 6% - 7%) is 5845 yuan; the price of amblygonite (Li2O: 7% - 8%) is 6800 yuan, with a daily increase of 475 yuan [1][2] Cathode Materials - The average price of lithium iron phosphate (power type) is 32,690 yuan/ton, with a daily increase of 25 yuan; the average price of ternary material 811 (polycrystalline/power type) is 143,450 yuan/ton, with a daily increase of 300 yuan; the average price of ternary material 523 (single - crystal/power type) is 115,945 yuan/ton, with a daily increase of 100 yuan; the average price of ternary material 613 (single - crystal/power type) is 120,875 yuan/ton, with a daily increase of 200 yuan [2] Price Spreads - The difference between battery - grade and industrial - grade lithium carbonate is 1650 yuan/ton, with no change; the difference between battery - grade lithium carbonate and the main contract is - 6130 yuan/ton, a decrease of 7200 yuan; the difference between the near - month and the first - continuous contract is - 180 yuan/ton, a decrease of 120 yuan; the difference between the near - month and the second - continuous contract is 1040 yuan/ton, an increase of 520 yuan [2] Inventory - The total inventory (weekly, tons) is 143,170 tons, an increase of 550 tons; the inventory of smelters (weekly, tons) is 55,385 tons, a decrease of 2654 tons; the inventory of downstream (weekly, tons) is 42,815 tons, an increase of 1544 tons; the inventory of others (weekly, tons) is 44,970 tons, an increase of 1660 tons; the registered warehouse receipts (daily, tons) is 11,654 tons, an increase of 900 tons [2] Profit Estimation - The cash cost of purchasing lithium spodumene concentrate is 68,690 yuan, and the profit is 910 yuan; the cash cost of purchasing lithium mica concentrate is 74,022 yuan, and the profit is - 6048 yuan [3] Company News - Jiangte Motor's subsidiary, Yichun Yinli, plans to conduct equipment maintenance on its production line on July 25, 2025, with an estimated maintenance time of about 26 days [3]
碳酸锂数据日报-20250715
Guo Mao Qi Huo· 2025-07-15 07:20
Group 1: Report Industry Investment Rating - No relevant content provided Group 2: Core View of the Report - The fundamentals of the lithium carbonate market show an increase in supply and stable demand, which may pose a constraint on the price increase. In the short term, driven by market sentiment, the futures price of lithium carbonate may fluctuate upward, but the downstream inventory is relatively large, and the subsequent replenishment space may be limited, weakening the price support [2] Group 3: Summary by Related Catalogs Lithium Compound Prices - The average price of SMM battery - grade lithium carbonate is 64,650 yuan/ton, with a daily increase of 900 yuan; the average price of SMM industrial - grade lithium carbonate is 63,050 yuan/ton, with a daily increase of 900 yuan [1] Lithium Futures Contracts - The closing price of lithium carbonate 2507 is 66,200 yuan/ton, with a daily increase of 3.41%; the closing price of lithium carbonate 2508 is 66,720 yuan/ton, with a daily increase of 3.63%; the closing price of lithium carbonate 2509 is 66,480 yuan/ton, with a daily increase of 3.71%; the closing price of lithium carbonate 2510 is 66,260 yuan/ton, with a daily increase of 3.66%; the closing price of lithium carbonate 2511 is 66,000 yuan/ton, with a daily increase of 3.48% [1] Lithium Ore Prices - The price of lithium spodumene concentrate (CIF China) is 682 yuan, with a daily increase of 8 yuan; the price of lithium mica (Li20: 1.5% - 2.0%) is 890 yuan, with a daily increase of 60 yuan; the price of lithium mica (Li20: 2.0% - 2.5%) is 1450 yuan, with a daily increase of 45 yuan; the price of amblygonite (Li20: 6% - 7%) is 4650 yuan; the price of amblygonite (Li20: 7% - 8%) is 5500 yuan, with a daily increase of 100 yuan [1][2] Cathode Material Prices - The average price of lithium iron phosphate (power - type) is 31,275 yuan, with a daily increase of 220 yuan; the average price of ternary material 811 (polycrystalline/power - type) is 142,880 yuan; the average price of ternary material 523 (single - crystal/power - type) is 115,255 yuan, with a daily increase of 100 yuan; the average price of ternary material 613 (single - crystal/power - type) is 120,305 yuan [2] Price Spreads - The price spread between battery - grade and industrial - grade lithium carbonate is 1600 yuan/ton; the price spread between battery - grade lithium carbonate and the main contract is - 1830 yuan, with a change of - 1300 yuan; the price spread between the near - month and the first - continuous contract is 240 yuan, with no change; the price spread between the near - month and the second - continuous contract is 460 yuan, with no change [2] Inventory - The total weekly inventory is 140,793 tons, with an increase of 2446 tons; the weekly inventory of smelters is 58,598 tons, with a decrease of 292 tons; the weekly inventory of downstream is 40,765 tons, with an increase of 268 tons; the weekly inventory of others is 41,430 tons, with an increase of 2470 tons; the daily registered warehouse receipts are 11,204 tons, with a decrease of 399 tons [2] Industry News - Premier African Minerals completed the upgrade of the flotation plant of its Zulu lithium - tantalum ore project in Zimbabwe and restarted operations on July 6. The project covers about 3.5 square kilometers and is 100% owned by Premier through its local subsidiary [2] - Hunan Province has discovered 4.9 billion tons of lithium ore in Linwu County, Chenzhou City, with 131000 tons of lithium oxide resources, and the deposit is accompanied by multiple strategic minerals [2] - A document from the Yichun Bureau of Land and Resources requires 8 mining enterprises to supplement relevant materials for the mineral resource reserve verification report, but it does not affect the current production plans of the mines and the stability of lithium carbonate supply [2]
碳酸锂数据日报-20250711
Guo Mao Qi Huo· 2025-07-11 03:11
1. Report Industry Investment Rating - No relevant information provided 2. Core View of the Report - The price of lithium carbonate is mainly supported by downstream purchases, but the production increase of cathode and battery factories in July is small, and the purchasing power mainly comes from traders with limited space. Due to the price rebound, the supply increase in July is large, deepening the oversupply situation and dragging down the price increase. There are no signs of production cuts in the ore segment. It is expected that as the purchasing pace slows down, the downward pressure on the futures price of lithium carbonate will intensify [2] 3. Summary According to Related Contents Lithium Compound Prices - The average price of SMM battery - grade lithium carbonate is 63,650 yuan/ton, with a daily increase of 350 yuan/ton; the average price of SMM industrial - grade lithium carbonate is 62,050 yuan/ton, with a daily increase of 350 yuan/ton [1] Lithium Ore Prices - The price of lithium spodumene concentrate (CIF China) is 673 dollars, with a daily increase of 7 dollars; the price of lithium mica (Li2O: 1.5% - 2.0%) is 830 dollars, with a daily increase of 10 dollars; the price of lithium mica (Li2O: 2.0% - 2.5%) is 1405 dollars, with a daily increase of 20 dollars; the price of phospho - lithium - aluminum stone (Li2O: 6% - 7%) is 4565 dollars; the price of phospho - lithium - aluminum stone (Li2O: 7% - 8%) is 5400 dollars, with a daily increase of 60 dollars [1][2] Cathode Material Prices - The average price of lithium iron phosphate (power type) is 31,030 yuan/ton, with a daily increase of 80 yuan/ton; the price of ternary material 811 (polycrystalline/power type) is 142,850 yuan/ton, with a daily increase of 70 yuan/ton; the price of ternary material 523 (single - crystal/power type) is 115,095 yuan/ton, with a daily increase of 140 yuan/ton; the price of ternary material 613 (single - crystal/power type) is 120,285 yuan/ton [2] Price Spreads - The price spread between battery - grade and industrial - grade lithium carbonate is 1600 yuan/ton; the price spread between battery - grade lithium carbonate and the main contract is 570 yuan/ton, with a change of - 530 yuan/ton; the price spread between the near - month and the first - continuous contract is 340 yuan/ton, with a change of 60 yuan/ton; the price spread between the near - month and the second - continuous contract is 20 yuan/ton, with a change of 500 yuan/ton [2] Inventory - The total weekly inventory of lithium carbonate is 140,793 tons, with an increase of 2446 tons. The weekly inventory of smelters is 58,598 tons, with a decrease of 292 tons; the weekly inventory of downstream is 40,765 tons, with an increase of 268 tons; the weekly inventory of others is 41,430 tons, with an increase of 2470 tons. The daily registered warehouse receipt is 13,191 tons, with a decrease of 90 tons [2] Profit Estimation - The cash cost of purchasing lithium spodumene concentrate externally is 62,936 yuan/ton, and the production profit is - 160 yuan/ton; the cash cost of purchasing lithium mica concentrate externally is 68,253 yuan/ton, and the profit is - 7005 yuan/ton [2] Industry News - Premier African Minerals, a London Alternative Investment Market (AIM) listed company, has completed the upgrade and transformation of the flotation plant of its Zulu lithium - tantalum mine project in Zimbabwe and restarted operations on July 6. The project covers an area of about 3.5 square kilometers and is 100% wholly - owned by Premier through its local subsidiary Zulu Lithium (Private) Limited [2] - Hunan has discovered 4.9 billion tons of lithium ore. The Jijiaoshan mining area in Linwu County, Chenzhou City, Hunan Province, has discovered a super - large altered granite - type lithium deposit, with a submitted lithium ore volume of 4.9 billion tons and a lithium oxide resource volume of 1.31 million tons. The deposit is also associated with multiple strategic minerals such as beryllium, tungsten, and tin [2]
碳酸锂数据日报-20250617
Guo Mao Qi Huo· 2025-06-17 04:01
1. Report Industry Investment Rating - No information provided 2. Core View of the Report - Downstream enters the off - season with stable production scheduling, and the supply side increases hedging output driven by price rebound. Although the ore price shows signs of stabilization, the downstream restocking amplitude is small. The fundamentals are characterized by strong supply and stable demand, and the lithium carbonate futures price is expected to decline in the short term. There is no sign of production reduction at the ore end, and there is a possibility that the lithium carbonate price and the ore price will form a negative feedback again later [3] 3. Summary According to Relevant Catalogs 3.1 Lithium Compound Prices - SMM battery - grade lithium carbonate average price is 60,500 yuan, down 150 yuan; SMM industrial - grade lithium carbonate average price is 58,900 yuan, down 150 yuan [1] 3.2 Lithium Futures Contracts - Lithium carbonate 2506 closes at 60,000 yuan, up 0.03%; 2507 closes at 60,240 yuan, down 0.13%; 2508 down 0.46%; 2509 closes at 59,780 yuan, down 0.7%; 2510 closes at 59,780 yuan, down 0.93% [1] 3.3 Lithium Ore Prices - Lithium spodumene concentrate (CIF China) price is 624 yuan, down 5 yuan; lithium mica (Li20:1.5% - 2.0%) price is 5 yuan; lithium mica (Li20:2.0% - 2.5%) price is 1225 yuan; phospho - lithium - aluminum stone (Li20:6% - 7%) price is 5660 yuan; phospho - lithium - aluminum stone (Li20:7% - 8%) price is 6595 yuan [1][2] 3.4 Cathode Material Prices - The average price of lithium iron phosphate (power type) is 30,405 yuan, down 70 yuan; the average price of ternary material 811 (polycrystalline/power type) is 143,550 yuan, down 140 yuan; the average price of ternary material 523 (single - crystal/power type) is 114,575 yuan, down 110 yuan; the average price of ternary material 613 (single - crystal/power type) is 121,075 yuan, down 140 yuan [2] 3.5 Price Spreads - The price spread between battery - grade and industrial - grade lithium carbonate is 1600 yuan; the price spread between battery - grade lithium carbonate and the main contract is 720 yuan, down 130 yuan; the price spread between the near - month and the first - continuous contract is 240 yuan, up 220 yuan; the price spread between the near - month and the second - continuous contract is 460 yuan, up 320 yuan [2] 3.6 Inventory - The total inventory (weekly, tons) is 133,549 tons, up 1117 tons; the smelter inventory (weekly, tons) is 57,653 tons, up 537 tons; the downstream inventory (weekly, tons) is 40,686 tons, down 390 tons; other inventory (weekly, tons) is 35,210 tons, up 970 tons; the registered warehouse receipts (daily, tons) is 32,043 tons, down 75 tons [2] 3.7 Profit Estimation - The cash cost of purchasing lithium spodumene concentrate is 536 yuan, and the profit is - 879 yuan; the cash cost of purchasing lithium mica concentrate is 65,237 yuan, and the profit is - 7076 yuan [3] 3.8 Industry News - Zimbabwe will ban the export of lithium concentrate from 2027 to further promote local processing. It has banned the export of lithium ore since 2022 to encourage more domestic processing by miners [3]
碳酸锂数据日报-20250613
Guo Mao Qi Huo· 2025-06-13 07:44
Group 1: Report Industry Investment Rating - No information provided Group 2: Report's Core View - Downstream minor restocking led to a rebound in lithium carbonate prices but the contradiction of continuous decline in ore prices remains unchanged; after the price rebound, the supply of lithium carbonate increased rapidly while demand tended to be stable [3] - Zimbabwe will ban the export of lithium concentrate from 2027 to promote local processing [3] Group 3: Summary by Related Catalogs Lithium Compounds - SMM battery - grade lithium carbonate average price is 60,650 with a rise of 150; SMM industrial - grade lithium carbonate average price is 59,050 with a rise of 150 [1] - The price difference between battery - grade and industrial - grade lithium carbonate is 1,600 [2] Lithium Ore - Lithium spodumene concentrate (CIF China) average price is 631 with a rise of 46 [1] - Lithium mica (Li20:1.5% - 2.0%) price is 10; lithium mica (Li20:2.0% - 2.5%) price is 1,225 with a rise of 15; phosphorus lithium aluminum stone (Li20:6% - 7%) price is 5,660; phosphorus lithium aluminum stone (Li20:7% - 8%) price is 6,595 with a rise of 55 [2] Futures Contracts - Lithium carbonate 2506 closing price is 60,420 with a decline of 1.44%; lithium carbonate 2507 closing price is 60,440 with a decline of 1.56%; lithium carbonate 2508 closing price is 60,520 with a decline of 1.66%; lithium carbonate 2509 closing price is 60,480 with a decline of 1.69%; lithium carbonate 2510 closing price is 60,540 with a decline of 1.72% [1] Positive Electrode Materials - Lithium iron phosphate (power type) average price is 30,475 with a rise of 30; ternary material 811 (polycrystalline/power type) average price is 143,760 with a decline of 200; ternary material 523 (single - crystal/power type) average price is 114,695 with a rise of 30; ternary material 613 (single - crystal/power type) average price is 121,285 with a decline of 150 [2] Inventory - Total inventory (weekly, tons) is 133,549 with an increase of 1,117; smelter inventory (weekly, tons) is 57,653 with an increase of 537; downstream inventory (weekly, tons) is 40,686 with a decrease of 390; other inventory (weekly, tons) is 35,210 with an increase of 970; registered warehouse receipts (daily, tons) is 32,837 with no change [2] Profit Estimation - Cash cost of外购 lithium spodumene concentrate is 60,995 and the profit is - 1,189; cash cost of外购 lithium mica concentrate is 65,237 and the profit is - 6,929 [3]
碳酸锂数据日报-20250526
Guo Mao Qi Huo· 2025-05-26 07:02
Report Summary 1. Report Industry Investment Rating - No investment rating provided in the report 2. Core View - The lithium market shows a slight de - stocking trend due to reduced supply and stable demand in the short term. Downstream acceptance of current prices is low, resulting in small spot trading volumes, and mine - end prices are continuously declining [3] 3. Summary by Related Catalogs Lithium Compound Prices - SMM battery - grade lithium carbonate has an average price of 63,050 with no change, and SMM industrial - grade lithium carbonate has an average price of 61,450 with no change [1] Lithium Ore Prices - Lithium spodumene concentrate (CIF China, Li20: 5.5% - 6%) is priced at 690 with no change. Lithium mica (Li20: 1.5% - 2.0%) is 705, lithium mica (Li20: 2.0% - 2.5%) is 1280, phosphorus lithium aluminum stone (Li20: 6% - 7%) is 6025, and phosphorus lithium aluminum stone (Li20: 7% - 8%) is 7050 [1][2] Positive Electrode Material Prices - The average price of lithium iron phosphate (power type) is 31,030, the average price of ternary material 811 (polycrystalline/power type) is 145,550 with a decrease of 60, the average price of ternary material 523 (single - crystal/power type) is 115,745, and the average price of ternary material 613 (single - crystal/power type) is 122,835 with a decrease of 50 [2] Futures Contract Prices - Lithium carbonate 2506 has a closing price of 60,980 with a decline of 1.36%, lithium carbonate 2507 has a closing price of 60,960 with a decline of 1.65%, lithium carbonate 2508 has a decline of 1.43%, lithium carbonate 2509 has a closing price of 62,100 with a decline of 1.33%, and lithium carbonate 2510 has a decline of 1.23% [1] Price Differences - The difference between battery - grade and industrial - grade lithium carbonate is 1600 with no change, the difference between battery - grade lithium carbonate and the main contract is 2090 with a change of 1180, the difference between the near - month and the first - continuous contract is 20 with no change, and the difference between the near - month and the second - continuous contract is - 1120 with a decrease of 80 [2] Inventory - The total inventory (weekly, tons) is 131,779 with a decrease of 141, the smelter inventory (weekly, tons) is 57,015 with an increase of 493, the downstream inventory (weekly, tons) is 40,864 with a decrease of 564, other inventory (weekly, tons) is 33,900 with a decrease of 70, and the registered warehouse receipts (daily, tons) is 35,773 with a decrease of 90 [2] Profit Estimation - The cash cost of purchasing lithium spodumene concentrate externally is 66,492, and the profit is - 4310. The cash cost of purchasing lithium mica concentrate externally is 67,414, and the profit is - 6754 [3] Industry News - South Africa has launched a key mineral development strategy, and the government has approved the "Key Minerals and Metals Strategy" and is seeking public comments on the "2025 Mineral Resources Development Act (MRDB)" [3]