SDIC Securities released a research report saying that the gap between supply and demand provides favorable support for the short-term price of lithium carbonate, and the industry's high profit cycle is expected to continue. China's lithium carbonate industry continues to have a tight structural balance pattern. According to the bank's estimates, China's lithium carbonate supply and demand gap is estimated to be about 46,782 tons in 2026. At the same time, in 2026, the upward trend in oil prices combined with electricity market-based reforms will continue to be deepened, which will further promote the increase in the penetration rate of new energy vehicles and the expansion of the installed capacity of energy storage. The supporting role of downstream demand on lithium carbonate prices is expected to continue to strengthen. It is recommended to focus on enterprises with strong cost control capabilities, abundant mine production capacity, and a relatively complete global resource layout.

SDIC Securities released a research report saying that the gap between supply and demand provides favorable support for the short-term price of lithium carbonate, and the industry's high profit cycle is expected to continue. China's lithium carbonate industry continues to have a tight structural balance pattern. According to the bank's estimates, China's lithium carbonate supply and demand gap is estimated to be about 46,782 tons in 2026. At the same time, in 2026, the upward trend in oil prices combined with electricity market-based reforms will continue to be deepened, which will further promote the increase in the penetration rate of new energy vehicles and the expansion of the installed capacity of energy storage. The supporting role of downstream demand on lithium carbonate prices is expected to continue to strengthen. It is recommended to focus on enterprises with strong cost control capabilities, abundant mine production capacity, and a relatively complete global resource layout.