The price of lithium battery raw materials doubled. What is the reason for the price doubling
2021-04-24
The price of lithium battery raw materials has doubled, and the reason behind the price doubling is that the new energy vehicle market continues to be hot, bringing a large number of orders for upstream power battery factories and lithium product factories, and the lithium battery raw materials for new energy vehicles are also rising. Driven by various favorable policies, new energy vehicle manufacturers have made efforts to usher in a new round of development opportunities in the global market, which has also led to the continuous increase in the price of lithium carbonate and other lithium battery raw materials. Even CCTV Finance has begun to pay attention to the rise in the price of lithium and lithium battery raw materials. The rise in the price of lithium battery raw materials has attracted more and more attention. According to the report, the price of battery-grade lithium carbonate has more than doubled from last year's low of 30,80,000 yuan per ton to 90,000 yuan per ton; lithium hydroxide has increased from 60,000 yuan per ton to 80,000 yuan per ton. According to different classification standards, it can be divided into different types. According to the negative electrode material, it can be divided into lithium cobalt acid batteries, lithium iron phosphate batteries and ternary batteries; according to the product form, there are square batteries, cylindrical batteries, and soft packs. Battery: According to application scenarios, it can be divided into consumer electronics, energy storage, and power batteries. Among them, consumer lithium batteries are mainly used in 3C products; energy storage batteries are mainly used in distributed independent power systems such as household energy storage, solar and wind power generation; power batteries are mainly used in various electric vehicles, power tools and new energy vehicles. Lithium batteries are used in 3C, electricity, energy storage and other fields. Guohai Securities estimates that the global annual demand for lithium batteries is 10,000 tons. However, due to the continued decline in electrolyte product prices and the overall reduction in industry capital expenditures, only a few leading companies such as Tianci Materials will deploy new capacity in the next few years, and the supply will be relatively tight. boring. From a global perspective, China is the largest lithium consumer, and its annual lithium demand accounts for 57% of the world's total. And 60% of the demand comes from lithium batteries. In recent years, the importance of new energy vehicles has become increasingly prominent. As the "heart" of new energy vehicles, the importance of lithium batteries cannot be ignored. With the increase in the certainty of the new energy automobile industry and the rapid increase in penetration rate, the lithium battery market as the main driving force is also expanding. In China, due to policy support and technological development, sales of new energy vehicles in my country have reached more than 10,000, and the installed capacity of power batteries has also exceeded 10,000. According to expert analysis, lithium product companies are increasing investment in production capacity. It is expected that the supply-demand relationship will improve in the second half of the year, and the price of lithium products will fall to a reasonable range of 50,000-80,000 yuan/ton.
