[hot stocks] Lithium electricity plate strengthened across the board, China Mineral Resources, etc., rose by more than 5% in the Ningde era.

Lithium battery stocks rose rapidly at the start of trading on April 19, up more than 2.1% at one point in intraday trading. In terms of individual stocks, the lithium battery plate was strong across the board, with China Mineral Resources, Tianzhi Materials, Tianji shares, Changan Automobile and Duofu Duoduo stocks rising by the limit. Tuobang shares, Fulin Seiko, Shanshan shares, Yongxing Materials, Xingyun shares, Yiwei Lithium Energy, Enjie shares, Ganfeng Lithium Industry, Ningde Times, Tianqi Lithium Industry once rose more than 6%.

Prior to this, CITIC Securities made it clear that domestic consumption in the field of new energy vehicles remained strong in March, and there was no worry about the growth of downstream demand for battery metal, and continued to recommend lithium plates and targets with high certainty for quarterly performance growth. Tianfeng Securities also said recently that from the perspective of the growth path and long-term investment of listed companies, a quarterly performance is lower than expected, and can not deny the long-term value of some star companies. Be optimistic about new energy vehicles and carbon neutralization;

Guoxin Securities even mentioned the profits of previous major lithium-related listed companies, saying that due to pricing mechanism reasons and Spring Festival factors affecting production in the first quarter, profits of lithium-related listed companies were generally not as high as expected. In the second quarter, they will fully enjoy the profit flexibility brought about by this round of price increases, especially companies with lithium resources to match or have their own resources, performance elasticity is expected to be fully highlighted.

It is worth mentioning that according to SMM data, domestic lithium prices have risen all the way since December 22, 2020. As of April 16, the price of lithium metal has risen by 28.6%, and the price of battery-grade lithium carbonate has soared by nearly 60%. The popularity of the lithium industry is evident.

"Click to see more historical prices of SMM Metals.

Moreover, since September 2020, the price of lithium hexafluorophosphate, the core raw material of electrolyte, has also risen sharply, from 70, 000 yuan / ton to more than 200000 yuan / ton, an increase of 200%.

At present, lithium hexafluorophosphate enterprises have been nearly full production. The agency pointed out that due to the long construction cycle of lithium hexafluorophosphate capacity and high environmental barriers, the cycle of new production capacity is generally 1.5 to 2 years, and the supply side is less elastic, superimposed by the high growth of global new energy vehicles in 2021. It is expected that upstream chemical prices are expected to continue the upward trend.