[hot stocks] Lithium Battery concept stocks rose by more than 7% in the Ningde era.

Lithium battery stocks fluctuated higher on March 26th, rising as much as 2 per cent to 2016.5. by the end of the day, lithium battery stocks closed up 2.07 per cent at 2014.61. Rongbai Technology, Koda Manufacturing, Green Mei, Rongjie shares and Yongxing Materials limit sealing Board, Ganfeng Lithium Industry, Ningde era, Huayou Cobalt Industry, Tiannai Technology, Boqian New Materials, Yiwei Lithium can rise by more than 7%.

In this regard, some institutions said that due to the rapid development of new energy vehicles and power batteries, the equipment demand for lithium batteries is increasing year by year, and the global lithium equipment market is constantly expanding. It is expected that the market size will reach 40.26 billion yuan by 2022 and is expected to triple in the past three years.

Under the influence of the favorable market environment, China is also not willing to lag behind. According to GGII data, China shipped 143GW lithium batteries in 2020, an increase of 22 per cent compared with the same period last year. Chinese lithium battery market shipments are expected to reach 615GWhBee 2021-2025 with a compound annual growth rate of more than 25 per cent. Benefiting from the continuous expansion of the production scale of China's lithium battery industry, the output value of China's lithium battery industry chain is also increasing rapidly.

"Click to view the spot price of SMM metal

Today, the price of battery-grade lithium carbonate is 87000,90000 yuan per ton, with an average price of 88500 yuan per ton, up 1.72 percent from yesterday to the highest level since August 30, 2018.

"Click to view the historical price of SMM Metals.

According to SMM research, the price of lithium carbonate has risen slightly recently, and some material manufacturers have carried out a small amount of replenishment of lithium carbonate raw materials, because the manufacturers have more fixed suppliers, the suppliers are willing to raise prices strongly, and there is a situation of hoarding goods in the superimposed part, and the price still shows a slight upward trend. And lithium hydroxide due to the recent downstream of the domestic lithium hydroxide production line gradually carry out product certification, the process is relatively smooth, and the stable raw material supply chain for material factories tends to be improved, so as to improve the bargaining power of large material manufacturers for lithium hydroxide smelters. Recently, the price game between manufacturers is heating up.