Summary
[Downstream demand supports rising prices of lithium battery raw materials]In the next few years, new energy vehicles and lithium batteries are expected to usher in the “golden age”, and with the surge in downstream demand for lithium batteries, basic chemical raw materials such as lithium family, solvents, and electrolytes may Will usher in the trend of “tightening prices”. Ping An Securities Research Report stated that demand growth will become the main driving force of the lithium industry. In 2021, there will be less new production capacity of lithium mines globally, and the problem of oversupply is more prominent in the early stage is alleviating, and the prices of lithium mines and lithium salts are relatively strong. CITIC Construction Investment believes that under the current supply and demand structure, the structural shortage of lithium resources may continue into the second half of 2021, and the price increase of lithium hydroxide and lithium carbonate is highly certain. (Economic Information Daily)
On July 13, the A-share lithium battery sector continued to rise, the core leaderNingde eraThe stock price hit a record high intraday, drivingGrowth Enterprise Market IndexThe number hit a new high in the past 6 years, once surpassingThe Shanghai Composite Index. With the huge increase in demand for power batteries and the implementation of related support policies, the lithium battery industry chain has generally ushered in good news, and the prices of upstream raw materials have also continued to rise recently. According to data from the business agency, as of the 13th, the mainstream price of power-type lithium iron phosphate was 51,000 yuan/ton, the price of industrial-grade lithium carbonate was 84,000 yuan/ton, and the mainstream price of battery-type lithium hydroxide was 96,000 yuan/ton, respectively. Increases are 1,000 yuan/ton, 4,000 yuan/ton, and 8,000 yuan/ton.
In addition, as an important upstream raw material for lithium battery electrolyte, lithium hexafluorophosphate has continued to rise in price since the second half of 2020.China Post SecuritiesResearch reportIt was pointed out that since July, the price of lithium hexafluorophosphate has risen again by more than 50,000 yuan/ton compared to the beginning of July. The current round of lithium battery industry chain boom started in September 2020. So far, the price of lithium hexafluorophosphate has increased by more than four times since its low point. In fact, since the first half of 2021, the prices of various types of lithium battery raw materials, including lithium salt, lithium iron phosphate, electrolyte (including lithium hexafluorophosphate, VC solvent, etc.), have continued to rise.
The agency pointed out that in the next few years, new energy vehicles and lithium batteries are expected to usher in a “golden age”, and with the surge in downstream demand for lithium batteries, basic chemical raw materials such as lithium family, solvents, and electrolytes may usher in “tight prices.” Young” trend. Ping An Securities Research Report stated that demand growth will become the main driving force of the lithium industry. In 2021, there will be less new production capacity of lithium mines globally, and the problem of oversupply is more prominent in the early stage is alleviating, and the prices of lithium mines and lithium salts are relatively strong.China SecuritiesIt is believed that under the current supply and demand structure, the structural shortage of lithium resources may continue into the second half of 2021, and the price increase of lithium hydroxide and lithium carbonate is highly certain.
(Source: Economic Information Daily)
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