Report Summary 1. Industry Investment Rating - No industry investment rating is provided in the report. 2. Core View - Supply was slightly increased due to previous resource - end disruptions; demand growth of cathode plants was limited as new energy vehicles were in the off - season; social inventory fluctuated at a high level, with inventory moving from upstream to downstream but low actual consumption and weakened subsequent purchasing power; in September, supply and demand were expected to be in a tight balance, and futures prices were expected to fluctuate weakly, while being cautious about "small essays" from the mining end before the 30th [2] 3. Summary by Content Lithium Compound Prices - SMM battery - grade lithium carbonate average price was 75,900 yuan/ton, down 1,600 yuan; SMM industrial - grade lithium carbonate average price was 73,600 yuan/ton, down 1,600 yuan; the price difference between battery - grade and industrial - grade lithium carbonate was 2,300 yuan/ton [1][2] Lithium Ore Prices - Lithium spodumene concentrate (CIF China) average price was 872 yuan, down 15 yuan; lithium mica (Li₂O: 1.5% - 2.0%) average price was 71/114 yuan, down 30 yuan; lithium mica (Li₂O: 2.0% - 2.5%) average price was 1,885 yuan, down 35 yuan; phospho - lithium - aluminum stone (Li₂O: 6% - 7%) average price was 6,040 yuan, down 325 yuan; phospho - lithium - aluminum stone (Li₂O: 7% - 8%) average price was 7,040 yuan, down 350 yuan [1][2] Futures Contract Prices - Lithium carbonate 2509 closed at 72,080 yuan, down 3.87%; 2510 closed at 71,860 yuan, down 3.1%; 2511 closed at 71,880 yuan, down 3.1%; 2512 closed at 72,000 yuan, down 2.62%; 2601 closed at 71,980 yuan, down 2.62% [1] Cathode Material Prices - The average price of power - type lithium iron phosphate was 34,210 yuan/ton, down 390 yuan; the average price of polycrystalline/power - type ternary material 811 was 145,900 yuan/ton; the average price of single - crystal/power - type ternary material 523 was 118,800 yuan/ton, down 100 yuan; the average price of single - crystal/power - type ternary material 613 was 123,725 yuan/ton, down 200 yuan [2] Price Differences - The price difference between battery - grade lithium carbonate and the main contract was 4,020 yuan, down 860 yuan; the price difference between the near - month and the first - continuous contract was - 60 yuan, down 20 yuan; the price difference between the near - month and the second - continuous contract was - 140 yuan, down 160 yuan [2] Inventory - The total weekly inventory was 141,136 tons, down 407 tons; the weekly inventory of smelters was 43,336 tons, down 3,510 tons; the weekly inventory of downstream was 52,800 tons, up 1,293 tons; the weekly inventory of others was 50,000 tons, up 1,810 tons; the daily registered warehouse receipts were 2,111 tons [2] Profit Estimation - The cash cost of purchasing lithium spodumene concentrate was 75,391 yuan/ton, and the profit was - 592 yuan/ton; the cash cost of purchasing lithium mica concentrate was 79,330 yuan/ton [2] Other Information - Jinan launched the third round of automobile consumption subsidies in the second half of 2025 on September 1st, with a total subsidy of 12 million yuan, valid until September 30th [2]

8月锂电池及主要材料月度均价 关注公众号，点击公众号主页右上角" ··· "，设置星标 "⭐" ，关注 鑫椤锂电 资讯~ 本文来源： #鑫椤锂电 会议详情： 会议主办： 鑫椤资讯 会议时间： 2025年11月12-13日（12号报到） 会议地点： 中国·上海 | | | | 8月1日 | 8月29日 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 产品 | 最低价 | 最高价 | 最低价 | 最高价 | 月度均价 | 月度均价涨跌 单位 | | | | 三元材料5系(动力型) | 10. 9 | 12 | 11.3 | 12. 4 | 11.74 | 1 0. 40 | 万元/吨 | | | 三元材料5系(单晶型) | 12.3 | 12.9 | 12.7 | 13.3 | 12. 89 | T 0. 40 | 万元/吨 | | | 三元材料5系(数码型) | 11 | 11-5 | 11 4 | 11.9 | 11. 54 | 1 0. 43 | 万元/吨 | | | 三元材料5系(镍55型) | 10. 4 | 1 ...