港股异动 | 锂业股继续下跌 机构预计锂价进入磨底过程 锂矿价格或随锂盐价格承压

智通财经网
Jun 02, 2025

智通财经APP获悉,锂业股继续下跌,截至发稿,赣锋锂业(01772)跌4.58%,报18.32港元;天齐锂业(09696)跌3.27%,报23.7港元。

中信证券发布研报称,锂价在25Q1跌势放缓带动海外锂矿价格小幅回暖以及盐湖企业经营改善,供应端出清缓慢。二季度以来随着锂价跌至6万元/吨,行业亏损面显著扩大,矿山减产和价格止跌反弹预期升温。但矿山降本和维持市场份额的诉求使得减停产幅度不及预期,预计锂价进入艰难的磨底过程。该行调整2025年下半年锂价运行区间预测为6-7万元/吨,建议关注在锂价触底反弹过程中可能受益的低成本标的。

民生证券指出,供给端锂矿价格下行导致成本支撑走弱,碳酸锂价格进一步下行;需求端下游材料厂的采购意愿有所好转,但是在长协客供比例较高的背景下采购增量依然相对有限,预计锂价或将继续承压。华西证券则表示,在碳酸锂价格持续低位的情况下,锂矿价格存在走弱预期。我们预计后市锂矿价格或随锂盐价格承压。

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