Zhicun Lithium Group's two subsidiaries will carry out summer maintenance work, and lithium carbonate has risen by 5%.

Gold Ten Futures Special New Lake Futures Comments: On June 26, lithium carbonate futures LC2407 rose more than 5% intraday. < br > 1. The lithium carbonate futures price has begun to decline since May, mainly because: ① The fundamentals have weakened, the Jiangxi environmental protection incident has come to an end, the supply increment has gradually cashed in, the demand growth rate has begun to slow down, the inventory has been accumulating, and lithium carbonate has entered the stage of weak reality and weak expectations. ② According to the provisions of Guangzhou Futures, the end of July will usher in the centralized cancellation period of warehouse receipts. As of June 25, the volume of lithium carbonate warehouse receipts was 28,410 lots. The centralized cancellation of warehouse receipts further put pressure on the cash market. ③ 07 The contract is about to enter the delivery month, and the short-term market volatility has increased. From the perspective of the previous 20-plus short positions, as of June 25, the top 20 holding orders were about 32,500 hands, and the amount of selling orders was 40,800 hands. The power of short institutions was stronger than that of bulls. < br > 2. However, as the absolute price of lithium fell, the profit-loss ratio of long funds rose, and funds may be allocated based on low valuation. On June 25, Zhicun Lithium Group announced that its two subsidiaries would carry out summer maintenance work in an orderly manner in July. In terms of the substantive impact on fundamentals, the actual reduction in lithium carbonate production due to this maintenance was limited, but the market was more sensitive to bullish news under the low valuation state, and the market rebounded significantly today. It is recommended that investors do a good job in position management, short-term is not recommended, medium-term supply and demand certainty surplus pattern has not changed, it is recommended to pay attention to the rebound short-selling opportunities.