| | 锂云母 | 1110 | -15 | ■ 电硕-工恢价差 元/吨 | 一 电池级碳酸锂-平均价 - 工业级碳酸锂-平均价 | | --- | --- | --- | --- | --- | --- | | | (Li20:1.5%-2.0%) ( | | | | | | | 锂云母 (Li20:2.0%-2.5%) | 1835 | -20 | | 碳酸锂注册仓单(吨) | | | 磷锂铝石 (Li20:6%-7%) | 6080 | | | | | | 磷锂铝石 (Li20:7%-8%) | 7190 | | | | | | 正极材料 | 平均价 | | | | | | 磷酸铁锂(动力型) | 33640 | | | | | | 三元材料811(多晶/动力型) | 152350 | 2000 | | | | | 三元材料523(单晶/动力型) | 123850 | 1500 | | | | | 三元材料613(单晶/动力型) | 129850 | 2500 | | | | | 名称 | 现值 | 変化值 | | | | | 电碳-工碳 | 2250 | | | | | 价 差 | 电碳-主力合约产 ...

| | 锂云母 | | | | 电硕-工候价差 元/吨 | = 工业级碳酸锂-平均价 一 电池级碳酸锂-平均价 | | --- | --- | --- | --- | --- | --- | --- | | | (Li20:1.5%-2.0%) | 1125 | | -15 | | TT/ H | | | 锂云母 | | | | | | | | (Li20:2.0%-2.5%) | 1855 | | -20 | | 碳酸锂注册仓单(吨) | | | 磷锂铝石 (Li20:6%-7%) | 6080 | | -70 | | | | | 磷锂铝石 | 7190 | | -95 | | | | | (Li20:7%-8%) | | | | | | | | 正极材料 | 平均价 | | 涨跌 | | | | | 磷酸铁锂(动力型) | 33640 | | | | | | | 三元材料811(多晶/动力型) | 150350 | | 1000 | | | | | 三元材料523 (单晶/动力型) | 122350 | | 600 | | | | | 三元材料613(单晶/动力型) | 127350 | | 700 | ...

免责声明 本报告中的信息均来源于公开可获得资料，瑞达期货股份有限公司力求准确可靠，但对这些信息的准确性及完整性不做任何保证，据此投资，责任自负。本报告不构成个人投资建 议，客户应考虑本报告中的任何意见或建议是否符合其特定状况。本报告版权仅为我公司所有，未经书面许可，任何机构和个人不得以任何形式翻版、复制和发布。如引用、刊发， 需注明出处为瑞 达研究瑞达期货股份有限公司研究院，且不得对本报告进行有悖原意的引用、删节和修改。 碳酸锂产业日报 2025/9/25 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | | 主力合约收盘价（日，元/吨） | 74,040.00 | +1160.00↑ 前20名净持仓（日，手） | -167,185.00 | -8304.00↓ | | 期货市场 | 主力合约持仓量（日，手） | 261,141.00 | +487.00↑ 近远月合约价差（日，元/吨） | -260.00 | -80.00↓ | | | 广期所仓单（日，手/吨） | 39,749.00 | +300 ...

Report Summary 1. Report Industry Investment Rating - No information provided on the industry investment rating. 2. Report's Core View - Demand side: The traditional peak season for new energy vehicles is approaching, and the demand for energy storage is strong. The continuous reduction of lithium carbonate social inventory supports the futures price [3]. - Supply side: The overall increase in production is the main factor suppressing the futures price [3]. - Market speculation: Attention should be paid to whether the market will hype supply - side issues again due to demand improvement and environmental problems in Qinghai salt lakes [3]. 3. Summary by Related Catalogs Lithium Compounds - SMM battery - grade lithium carbonate average price is 73,850 yuan/ton, SMM industrial - grade lithium carbonate average price is 71,600 yuan/ton, and the difference between them is 2,250 yuan/ton [1][2]. - Futures contract closing prices and their changes: Lithium carbonate 2605 at 73,780 yuan/ton with a - 0.67% change; 2606 at 73,540 yuan/ton with a - 0.86% change; 2607 at 73,440 yuan/ton with a - 0.73% change; 2608 at 73,620 yuan/ton with a - 0.65% change; 2609 at 73,500 yuan/ton with a - 0.7% change [1]. Lithium Ore - Lithium spodumene concentrate (CIF China) (Li20: 5.5% - 6%) is 860 yuan/ton [1]. - Lithium mica prices vary by grade: 1165 yuan/ton for (Li20: 1.5% - 2.0%), 1900 yuan/ton for (Li20: 2.0% - 2.5%) [2]. - Phosphorus - lithium - aluminum stone prices also vary by grade: 6130 yuan/ton for (Li20: 6% - 7%), 7265 yuan/ton for (Li20: 7% - 8%) [2]. Cathode Materials - The average price of lithium iron phosphate (power type) is 33,710 yuan/ton [2]. - The average price of ternary material 811 (polycrystalline/power type) is 147,450 yuan/ton with a 200 - yuan change; 523 (single - crystal/power type) is 120,350 yuan/ton with a 150 - yuan change; 613 (single - crystal/power type) is 125,000 yuan/ton with a 150 - yuan change [2]. Inventory - Total inventory (weekly, tons) is 137,531 tons with a - 981 - ton change; smelter inventory (weekly, tons) is 34,456 tons with a - 1757 - ton change; downstream inventory (weekly, tons) is 59,495 tons with a 1216 - ton change; other inventory (weekly, tons) is 43,580 tons with a - 440 - ton change; registered warehouse receipts (daily, tons) is 39,449 tons with a 540 - ton change [2]. Profit Estimation - The cash cost of purchasing lithium spodumene concentrate externally is 75,536 yuan/ton, and the profit is - 2759 yuan/ton [3]. - The cash cost of purchasing lithium mica concentrate externally is 79,306 yuan/ton, and the profit is - 8521 yuan/ton [3]. Environmental Issue - Qinghai Chaidamu Xinghua Lithium Salt Co., Ltd. was reported for illegally burying a large amount of industrial hazardous waste, and a national special rectification action on illegal dumping and disposal of solid waste has been launched [3].

免责声明 本报告中的信息均来源于公开可获得资料，瑞达期货股份有限公司力求准确可靠，但对这些信息的准确性及完整性不做任何保证，据此投资，责任自负。本报告不构成个人投资建 议，客户应考虑本报告中的任何意见或建议是否符合其特定状况。本报告版权仅为我公司所有，未经书面许可，任何机构和个人不得以任何形式翻版、复制和发布。如引用、刊发， 需注明出处为瑞 达研究瑞达期货股份有限公司研究院，且不得对本报告进行有悖原意的引用、删节和修改。 数据来源第三方，观点仅供参考。市场有风险，投资需谨慎！ 碳酸锂产业日报 2025/9/22 | 项目类别 | 数据指标 最新 | | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | | 主力合约收盘价（日，元/吨） | 73,420.00 | -540.00↓ 前20名净持仓（日，手） | -152,646.00 | +1949.00↑ | | 期货市场 | 主力合约持仓量（日，手） | 271,624.00 | -9640.00↓ 近远月合约价差（日，元/吨） | -280.00 | 0.00 | | | 广期所仓单（ ...

Report Summary 1. Report Industry Investment Rating - No information provided 2. Core View of the Report - The overall fundamentals of the lithium carbonate market have changed little, with both supply and demand increasing, and social inventories continuing to decline. Affected by the meeting held by CATL regarding the resumption of production of a key mine, market sentiment is negative, and there is a discussion about whether eight major mines will stop production simultaneously on September 30th. Fundamentally, if the mines stop production, the impact on the total supply will be limited as other sources can make up for it; sentimentally, it will stimulate the bullish sentiment in the market. In the short term, the futures price is expected to fluctuate, and attention should be paid to the end - of - month time node [2] 3. Summary by Related Content Lithium Compound Prices - The average price of SMM battery - grade lithium carbonate is 73,450, with a change of 300; the average price of SMM industrial - grade lithium carbonate is 71,200, with a change of 300 [1] Futures Contract Prices and Changes - The closing price of lithium carbonate 2510 is 72,620, with a decline of 0.9%; lithium carbonate 2511 is 72,880, with a decline of 0.74%; lithium carbonate 2512 is 72,980, with a decline of 0.79%; lithium carbonate 2601 is 72,940, with a decline of 0.84%; lithium carbonate 2602 is 72,820, with a decline of 0.84% [1] Lithium Ore Prices - The price of spodumene concentrate (CIF China) is 858 (1120 · 5 5% - 6%); lithium mica (Li20:1.5% - 2.0%) is 1105; lithium mica (Li20:2.0% - 2.5%) is 1815; phospho - lithium - aluminum stone (Li20:6% - 7%) is 6025; phospho - lithium - aluminum stone (Li20:7% - 8%) is 7125 [1][2] Cathode Material Prices - The average price of lithium iron phosphate (power type) is 33,620, with an increase of 80; the average price of ternary material 811 (polycrystalline/power type) is 146,850, with an increase of 150; the average price of ternary material 523 (single - crystal/power type) is 119,850, with an increase of 150; the average price of ternary material 613 (single - crystal/power type) is 124,450, with an increase of 200 [2] Price Differences - The difference between battery - grade and industrial - grade lithium carbonate is 2250; the difference between battery - grade lithium carbonate and the main contract is 570; the difference between the near - month and the first - continuous contract is - 260, with a change of - 120; the difference between the near - month and the second - continuous contract is - 360 [2] Inventory - The total inventory (weekly, tons) is 137,531, with a decrease of 981 - 1757; the inventory of smelters (weekly, tons) is 34,456; the inventory of downstream (weekly, tons) is 59,495, with an increase of 1216; the inventory of others (weekly, tons) is 43,580, with a decrease of 440; the registered warehouse receipts (daily, tons) is 39,354, with an increase of 120 [2] Production Profit - The cash cost of purchasing spodumene concentrate externally is 75,430, and the profit is - 3049; the cash cost of purchasing lithium mica concentrate externally is 77,345, and the profit is - 6951 [2] Industry Policy - The eight departments including the Ministry of Industry and Information Technology issued the "Automobile Industry Steady Growth Work Plan (2025 - 2026)", which aims to promote the industrialization of intelligent and connected vehicle technology, further standardize the competition order of the automobile industry, and promote diversified value - chain cultivation [2]

Report Summary 1. Industry Investment Rating - No industry investment rating is provided in the report. 2. Core View - Due to the previous resource - end disturbances, production scheduling has increased slightly. On the demand side, as new energy vehicles are in the off - season, the increase in production scheduling of cathode factories is limited. In terms of inventory, social inventory fluctuates at a high level, showing a pattern of inventory moving from upstream to downstream, but the actual consumption is not large, and downstream companies have stocked up a large amount of raw materials, weakening their subsequent purchasing power. It is expected that the supply - demand will be in a tight balance in September. Overall, although the supply - demand is in a tight balance, downstream companies have sufficient inventory and the terminal market is in the off - season, so the futures price is expected to fluctuate weakly. During this process, be vigilant about small rumors from the mining end before the 30th [2]. 3. Summary by Relevant Content Lithium Compound Prices - The average price of SMM battery - grade lithium carbonate is 75,000 yuan/ton, down 900 yuan/ton; the average price of SMM industrial - grade lithium carbonate is 72,700 yuan/ton, down 900 yuan/ton [1]. Lithium Ore Prices - The average price of lithium spodumene concentrate (CIF China) is 874 yuan/ton, up 2 yuan/ton [1]. Futures Contract Prices - The closing price of lithium carbonate 2509 is 73,000 yuan/ton, with a decline of 0.27%; the closing price of lithium carbonate 2510 is 73,340 yuan/ton, with an increase of 0.88%; the closing price of lithium carbonate 2511 is 73,420 yuan/ton, with an increase of 1.05%; the closing price of lithium carbonate 2512 is 73,580 yuan/ton, with an increase of 1.1%; the closing price of lithium carbonate 2601 is 73,560 yuan/ton, with an increase of 1.16% [1]. Positive Electrode Material Prices - The price of lithium iron phosphate (power - type) is 33,995 yuan/ton, down 215 yuan/ton; the price of ternary material 523 (single - crystal/power - type) is 118,700 yuan/ton, down 100 yuan/ton; the price of ternary material 613 (single - crystal/power - type) is 123,625 yuan/ton, down 100 yuan/ton [2]. Price Differences - The difference between battery - grade and industrial - grade lithium carbonate is 2,300 yuan/ton; the difference between battery - grade lithium carbonate and the main contract is 1,580 yuan/ton, down 2,440 yuan/ton; the difference between the near - month and the first - continuous contract is - 80 yuan/ton, down 60 yuan/ton; the difference between the near - month and the second - continuous contract is - 240 yuan/ton, down 100 yuan/ton [2]. Inventory - The total weekly inventory is 140,092 tons, down 1,044 tons; the weekly inventory of smelters is 39,475 tons, down 3,861 tons; the weekly inventory of downstream is 55,207 tons, up 2,407 tons; the weekly inventory of others is 45,410 tons, up 410 tons; the daily registered warehouse receipts are 830 tons [2]. Profit Estimation - The cash cost of purchasing lithium spodumene concentrate externally is 75,475 yuan/ton, and the profit is - 1,567 yuan/ton; the cash cost of purchasing lithium mica concentrate externally is not clearly given, and the profit is - 6,991 yuan/ton [2].

Report Summary 1. Industry Investment Rating No investment rating is provided in the report. 2. Core View - The lithium carbonate futures main contract first rose and then fell, closing down 0.23%. The open interest increased month - on - month, the spot was at a premium, and the basis strengthened. - Fundamentally, on the raw material side, lithium ore prices fluctuate sharply with the spot price of lithium carbonate. On the supply side, the previous relatively strong market quickly turned weak as some smelters in Jiangxi resumed production after equipment maintenance. Currently, domestic supply may increase slightly. On the demand side, downstream buyers are more cautious, but the procurement demand has rebounded as lithium prices fall rapidly. Overall, the supply and demand of lithium carbonate are both increasing, and the inventory is still high but decreasing. - In the options market, the put - call ratio of open interest is 75.35%, up 0.0109% month - on - month. The call open interest dominates, and the market sentiment is bullish with a slight decline in implied volatility. - Technically, the 60 - minute MACD shows that the two lines are below the 0 - axis and the red bars are contracting. - The operation suggestion is to short at high levels with a light position and control risks by paying attention to trading rhythm. [2] 3. Summary by Relevant Catalogs 3.1 Futures Market - Main contract closing price: 78,860 yuan/ton, down 160 yuan. - Main contract open interest: 351,322 lots, up 1,826 lots. - Net position of the top 20: - 138,531 lots, up 13,645 lots. - Spread between near and far contracts: 580 yuan/ton, up 20 yuan. - Warehouse receipts on GZEE: 26,690 lots/ton, up 1,060 lots. [2] 3.2 Spot Market - Average price of battery - grade lithium carbonate: 81,600 yuan/ton, down 100 yuan. - Average price of industrial - grade lithium carbonate: 79,300 yuan/ton, down 100 yuan. - Basis of Li₂CO₃ main contract: 2,740 yuan/ton, up 60 yuan. [2] 3.3 Upstream Situation - Average price of spodumene concentrate (6% CIF China): 961 US dollars/ton, unchanged. - Average price of amblygonite: 7,775 yuan/ton, up 40 yuan. - Average price of lepidolite (2 - 2.5%): 2,645 yuan/ton, unchanged. [2] 3.4 Industry Situation - Lithium carbonate production: 44,600 tons, up 500 tons. - Lithium carbonate imports: 13,845.31 tons, down 3,852.31 tons. - Lithium carbonate exports: 366.35 tons, down 63.31 tons. - Lithium carbonate enterprise operating rate: 48%, down 4 percentage points. - Power battery production: 133,800 MWh, up 4,600 MWh. - Price of lithium manganate: 33,000 yuan/ton, unchanged. - Price of lithium hexafluorophosphate: 55,800 yuan/ton, unchanged. - Price of lithium cobalt oxide: 235,000 yuan/ton, unchanged. - Price of ternary material (811 type, China): 147,000 yuan/ton, down 1,500 yuan. - Price of ternary material (622 power type, China): 123,000 yuan/ton, down 1,500 yuan. [2] 3.5 Downstream and Application Situation - Price of ternary material (523 single - crystal type, China): 130,000 yuan/ton, down 1,000 yuan. - Operating rate of ternary cathode materials: 52%, up 1 percentage point. - Price of lithium iron phosphate: 34,300 yuan/ton, unchanged. - Operating rate of lithium iron phosphate cathode: 51%, down 1 percentage point. - New energy vehicle monthly production (CAAM): 1,243,000 vehicles, down 25,000 vehicles. - New energy vehicle monthly sales (CAAM): 1,262,000 vehicles, down 67,000 vehicles. - Cumulative penetration rate of new energy vehicle sales (CAAM): 44.99%, up 0.68 percentage points. - Cumulative new energy vehicle sales and year - on - year increase: 8,220,000 vehicles, up 2,286,000 vehicles. - New energy vehicle monthly exports: 225,000 vehicles, up 20,000 vehicles. - Cumulative new energy vehicle exports and year - on - year increase: 1.308 million vehicles, up 600,000 vehicles. - 20 - day average volatility of the underlying: 52.75%, down 0.03 percentage points. - 40 - day average volatility of the underlying: 56.43%, down 0.07 percentage points. [2] 3.6 Options Situation - Total call open interest: 205,910 contracts, up 4,714 contracts. - Total put open interest: 155,156 contracts, up 3,574 contracts. - Put - call ratio of total open interest: 75.35%, up 0.0109 percentage points. - At - the - money implied volatility: 0.37%, down 0.0168 percentage points. [2] 4. Industry News - The 13th plenary session of the 14th National Committee of the Chinese People's Political Consultative Conference emphasized developing new - quality productive forces, promoting the integration of the digital and real economies, boosting consumption, and enhancing innovation capabilities. - Premier Li Qiang stressed expanding high - quality service imports, promoting institutional opening - up of service trade, and building a unified national market. - He Xiaopeng, Chairman of XPeng Motors, said the elimination stage in China's auto industry will last about five years, and about five domestic enterprises may remain. - The National Energy Administration stated that during the 14th Five - Year Plan period, China built the world's largest EV charging network and the largest and fastest - growing renewable energy system, with the proportion of renewable energy power generation capacity increasing from 40% to about 60%. [2]

Report Summary 1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints - The fundamentals of lithium carbonate have not changed significantly, with both supply and demand increasing. Inventory remains high but is being depleted [2]. - The option market sentiment has turned bullish, with a decrease in implied volatility [2]. - The operation suggestion is to conduct short - selling transactions at high prices with a light position and control risks by paying attention to trading rhythm [2]. 3. Summary by Relevant Catalogs 3.1 Futures Market - The closing price of the main contract is 79,380 yuan/ton, up 420 yuan; the net position of the top 20 is - 132,250 hands, up 6,209 hands; the position volume of the main contract is 368,667 hands, up 6,413 hands; the spread between near - and far - month contracts is 540 yuan/ton, down 20 yuan; the warehouse receipts of GZEE are 24,990 hands/ton, up 670 hands [2]. 3.2 Spot Market - The average price of battery - grade lithium carbonate is 82,500 yuan/ton, down 1,400 yuan; the average price of industrial - grade lithium carbonate is 80,200 yuan/ton, down 1,400 yuan; the basis of the Li₂CO₃ main contract is 3,120 yuan/ton, down 1,820 yuan [2]. 3.3 Upstream Situation - The average price of spodumene concentrate (6% CIF China) is 970 US dollars/ton, unchanged; the average price of amblygonite is 7,735 yuan/ton, down 90 yuan; the price of lepidolite (2 - 2.5%) is 2,645 yuan/ton, unchanged [2]. 3.4 Industry Situation - Lithium carbonate production is 44,600 tons per month, up 500 tons; imports are 13,845.31 tons per month, down 3,852.31 tons; exports are 366.35 tons per month, down 63.31 tons; the operating rate of lithium carbonate enterprises is 48%, down 4 percentage points; power battery production is 133,800 MWh per month, up 4,600 MWh [2]. 3.5 Downstream and Application Situation - The operating rate of ternary cathode materials is 52%, up 1 percentage point; the operating rate of lithium iron phosphate cathode is 51%, down 1 percentage point; the monthly production of new energy vehicles is 1,243,000, down 25,000; the monthly sales are 1,262,000, down 67,000; the cumulative sales penetration rate is 44.99%, up 0.68 percentage points; the monthly export is 225,000, up 20,000; the cumulative export is 1.308 million, up 600,000 [2]. 3.6 Option Situation - The total subscription position is 199,430, up 35,436; the total put position is 148,570, down 3,546; the put - call ratio of total positions is 74.5%, down 18.2597 percentage points; the implied volatility of at - the - money IV is down 0.0243 percentage points [2]. 3.7 Industry News - In July 2025, the total import volume of spodumene was about 751,000 tons, a month - on - month increase of 30.4%, equivalent to about 67,000 tons of LCE [2]. - Ganfeng Lithium said it is deploying two key materials in the field of sulfide solid - state battery materials, and its lithium sulfide products have passed customer quality certification and are supplied to multiple downstream customers [2]. - From January to July, the added value of the five major industries in the machinery industry increased year - on - year, with the general equipment manufacturing industry growing by 8.3%, the special equipment manufacturing industry by 3.8%, the automobile manufacturing industry by 10.9%, the electrical machinery and equipment manufacturing industry by 11.9%, and the instrument and meter manufacturing industry by 7.1% [2]. - The State Council executive meeting and the national video - teleconference on promoting the replacement of old consumer goods with new ones have made arrangements for the next stage, and experts believe that the policy may increase financial support and expand the scope of product categories [2].

Report Summary 1. Report Industry Investment Rating - Not provided in the content 2. Core View of the Report - The fundamentals of lithium carbonate may be in a situation of both supply and demand increasing, but the inventory is still at a relatively high level. The option market sentiment has turned bullish, with a slight increase in implied volatility. Technically, the 60 - minute MACD shows the double - line above the 0 - axis and the green column converging. The operation suggestion is to conduct short - selling transactions at high prices with a light position and pay attention to controlling risks in trading rhythm [2] 3. Summary by Relevant Catalogs 3.1 Futures Market - The closing price of the main contract is 82,760 yuan/ton, up 1,780 yuan; the net position of the top 20 is - 142,510 lots, down 3,052 lots; the position of the main contract is 390,069 lots, down 5,033 lots; the spread between near and far - month contracts is 820 yuan/ton, up 660 yuan; the Guangzhou Futures Exchange warehouse receipt is 24,045 lots, up 430 lots [2] 3.2 Spot Market - The average price of battery - grade lithium carbonate is 85,200 yuan/ton, down 500 yuan; the average price of industrial - grade lithium carbonate is 82,900 yuan/ton, down 500 yuan; the basis of the Li₂CO₃ main contract is 2,440 yuan/ton, down 2,280 yuan [2] 3.3 Upstream Situation - The average price of spodumene concentrate (6% CIF China) is 980 US dollars/ton, unchanged; the average price of amblygonite is 8,275 yuan/ton, down 250 yuan; the price of lepidolite (2 - 2.5%) is 2,645 yuan/ton, unchanged [2] 3.4 Industry Situation - The monthly output of lithium carbonate is 44,600 tons, up 500 tons; the monthly import volume is 13,845.31 tons, down 3,852.31 tons; the monthly export volume is 366.35 tons, down 63.31 tons; the monthly operating rate of lithium carbonate enterprises is 48%, down 4 percentage points; the monthly output of power batteries is 133,800 MWh, up 4,600 MWh [2] 3.5 Downstream and Application Situation - The price of ternary material (523 single - crystal type) in China is 131,000 yuan/ton, up 1,000 yuan; the monthly operating rate of ternary cathode materials is 52%, up 1 percentage point; the price of lithium iron phosphate is 34,300 yuan/ton, unchanged; the monthly operating rate of lithium iron phosphate cathodes is 51%, down 1 percentage point [2] - The monthly production of new - energy vehicles is 1,243,000 units, down 25,000 units; the monthly sales volume is 1,262,000 units, down 67,000 units; the cumulative sales penetration rate is 44.99%, up 0.68 percentage points; the cumulative sales volume is 8,220,000 units, up 2,286,000 units; the monthly export volume is 225,000 units, up 20,000 units; the cumulative export volume is 1.308 million units, up 600,000 units [2] 3.6 Option Situation - The total call position is 159,626 contracts, up 14,286 contracts; the total put position is 146,399 contracts, down 1,225 contracts; the put - call ratio of total positions is 91.71%, down 9.8577 percentage points; the at - the - money IV implied volatility is 0.44%, up 0.0080 percentage points [2] 3.7 Industry News - From August 1 - 17, the retail sales of the national passenger car market were 866,000 units, a year - on - year increase of 2% compared with the same period in August last year and an 8% increase compared with the same period last month. The cumulative retail sales this year were 13.611 million units, a year - on - year increase of 10%. The retail sales of the national passenger car new - energy market were 502,000 units, a year - on - year increase of 9% compared with the same period in August last year and a 12% increase compared with the same period last month. The retail penetration rate of the national passenger car new - energy market was 58.0%. The cumulative retail sales this year were 6.958 million units, a year - on - year increase of 28% [2] - From January - July 2025, the top ten SUV manufacturers in terms of sales sold a total of 5.599 million vehicles, accounting for 67.2% of the total SUV sales. Among these ten enterprises, the sales of Tesla and GAC Toyota decreased to varying degrees compared with the same period last year, while the sales of other enterprises increased to varying degrees [2] - Premier African Minerals announced that its Zulu lithium project has made a major breakthrough, and the plant has moved from the commissioning phase to the refining optimization phase [2] - Sigma Lithium's lithium concentrate production in the second quarter reached 68,368 tons, a year - on - year increase of 38%, exceeding the quarterly target of 67,500 tons; the full - sustaining cost dropped to 594 US dollars/ton, lower than the target value of 660 US dollars [2]