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Details 👉 https://www.gate.com/announcements/article/
中信建投:库存维持去化,需求逐步走高,锂价易涨难跌
中信建投指出,据SMM,国内碳酸锂库存维持去化,速度略有放缓,周内下降414吨,已不足9.9万吨,其中冶炼厂库存下降1184吨至1.6万吨,降至近三年来最低水平,下游库存下降1890吨至4.6万吨,估算可用库存天数不足10天,其他环节库存下降1120吨至3.7万吨,也处于相对较低水平。供给端碳酸锂产量周度增加768吨,但考虑津巴布韦停止出口扰动及港口矿石库存水平,预计后续供给弹性有限。需求端消费持续复苏,储能、重卡需求持续旺盛,动力电池消费逐步步入旺季,叠加中东战争因素,海外能源压力凸显,欧洲户储需求上升。预计未来一个季度,低库存仍是核心矛盾,锂价易涨难跌。