Zhitong Finance and Economics learned that on December 11, lithium carbonate ** fell rapidly after opening high in the morning, and as of **, lithium carbonate ** fell by nearly 5%, falling below the 100,000 yuan ton mark. Previously, in the eight trading days from November 24 to December 5, the main lithium carbonate 2401 contract continued to be the first to hit the limit price for many days. On December 7, the lithium carbonate ** contract was limited across the board, which was also the second full-line daily limit since the lithium carbonate ** was listed, and on December 8, the continuous daily limit returned to the 100,000 yuan mark, and only the next weekend, the lithium carbonate ** fell below 100,000 tons.
Zhu Keli, founding president of the National Research Institute of New Economy, said that the roller coaster trend of the lithium carbonate ** market is the result of a combination of factorsThe excess liquidity in the financial market has to some extent exacerbated the speculative atmosphere of the market, which has increased the volatility.
It is worth mentioning that at the moment,Lithium carbonate** is accelerating the improvement of various systems and promoting the maturity of the market.
Before the opening of trading on December 11,Guangfu issued an adjustment to the designated delivery warehouse of lithium carbonate**According to the announcement, the new Shandong Ruifu Lithium Industry *** Rongjie Investment Holding Group *** Xiamen Jianyida *** is the lithium carbonate delivery plantIncrease the minimum guaranteed storage capacity of 9 lithium carbonate** delivery warehouses from 2,000 tons to 5,000 tons.
December 7th, the Guangzhou Futures Exchange has further adjusted the price limit, trading margin standard, transaction fee standard and transaction limit of lithium carbonate**LC2401 contract and LC2402 contractDecember 5th, announced an increase in the margin standard for speculative trading of lithium carbonate**LC2401 contract to 12%;December 4th, announced an increase in the trading fee of the lithium carbonate**LC2401 contract and the transaction fee for closing the position within the day, and tightened the limit on the single-day opening of non-** corporate members or customers in the lithium carbonate**LC2401 contract.
Everbright** analysis pointed outFrom the perspective of the driving factors behind it, ** has changed from rising to falling, mainly because the delivery logic has changed. As of December 8, the Guangzhou Futures Exchange had 100 tons of lithium carbonate warehouse receipts, and the number of warehouse receipts was low, which boosted the squeeze logic. Before the opening of the market on the 11th, the relevant person in charge of the Guangzhou Futures Exchange revealed that as of December 10, the intended delivery volume of lithium carbonate ** reached 1050,000 tons. At the same time, the exchange agreed to increase the minimum guaranteed storage capacity of the delivery warehouse from 30,000 tons to 60,000 tons, including the registrable warehouse receipts of the delivery factory, the overall minimum guaranteed storage capacity will reach 63.15 million tons. Against the backdrop of loose delivery expectations, ** returned to the downtrend.
Looking forward to the market outlook, Shanghai medium-term ** said that the domestic ** end, most lithium salt enterprises continue to be shipped long-term, and several lithium salt enterprises with smaller production capacity in Jiangxi have recently stopped production due to factors such as losses and OEM reductions, and a small number of them will resume production within the monthHowever, the large domestic lithium salt enterprises are currently maintaining stable production, and there is no maintenance plan in the short term. Last week, lithium carbonate rebounded after falling to a low point again, and the sentiment of some cathode material companies rebounded, while the shipment situation of ** enterprises improved. On the whole, the pattern of weak fundamental demand continues, and it is expected that the short-term upward trend of lithium carbonate will remain weak.
Gu Fengda, director of Guoxin** Research and Consulting Department, said that in 2024, it is expected that the growth rate of new energy vehicles in the terminal field will fall back to a relatively stable level, and lithium carbonate will shift from short supply to excess consumption adjustment period will become the main tone of the lithium industry in 2024, and it is expected that the lithium carbonate 2407 contract can relatively present more games on future supply and demand rebalancing expectations.