20251124-长城期货-工业硅_碳酸锂期货品种周报_18页_4mb

Industrial Silicon Mid-Term Market Analysis

Industrial silicon futures are currently in a wide trading range, with stable现货 prices as of recent data. For example, as of November 21, 2025, 421# prices varied by region, such as 9200 yuan/ton in Xinjiang, 9900 in Yunnan, and 10000 in Sichuan. The market is in a consolidation phase, with the AI diagnostic report indicating a horizontal pattern on the daily chart. Fund sentiment shows strong偏多情绪 in主力 positions.

Industrial Silicon Trading Strategy

The mid-term outlook suggests a range-bound market for the 2601 contract, estimated at 7500-10000 yuan/ton. Therefore, the recommendation is to maintain a观望 posture, as there is no strong directional signal.

Related Data for Industrial Silicon

Market data indicators include SHFE copper inventory at 300,045 tons as of April 19, 2024, which is relatively high seasonally. LME copper inventory was 122,125 tons with a注销仓单占比 of 25.73%, indicating moderately low levels and potential for fluctuation.

lithium carbonate期货 are also in a wider trading range as per the mid-term analysis, with recent价格上涨. As of November 21, 2025, market prices for battery-grade lithium carbonate are 92050 yuan/ton and industrial-grade is 93550 yuan/ton. The daily chart shows a basic upward trend, supported by strong偏多情绪 in主力 funds.

Trading Strategy for Lithium Carbonate

The strategy involves buying on dips, with a support level in the 7.2-7.8 million yuan/ton range for the 2601 contract. This is due to the ongoing bottom firming in the market.

Related Data for Lithium Carbonate

Data such as SHFE alumina inventory (228,537 tons on April 19, 2024) shows relatively low levels, which may support higher prices. LME aluminum inventory was 504,000 tons with a注销仓单占比 of 66.03%, indicating low seasonal levels.

General Notes: The report covers the week of November 24-28, 2025, but referenced data is dated April 19, 2024, potentially due to lags in market reporting.总体来说, both commodities are range-bound with mixed signals, favoring neutral or defensive strategies based on current indicators.