[hot stocks] the concept of Lithium extraction from Salt Lake opened higher, Lanxiao Science and Technology limit Koda Manufacturing rose by more than 4.8%.

SMM June 23: at the start of trading this morning, Salt Lake Lithium extraction concept stocks rose strongly, Lanxiao Science and Technology rose by the daily limit, Jiuwo Gaoke rose more than 11%, and many stocks such as Tibet City Investment, Tibet Mining, Zangge Holdings, Koda Manufacturing and so on rose.

At the 11th China Automobile Forum sponsored by the China Association of Automobile Manufacturers, a number of industry bigwigs expressed a very optimistic attitude towards the future of new energy vehicles. And lithium as the core component of new energy vehicles-an important part of power batteries, lithium battery plate also ushered in a variety of good news, ushered in a continuous rise for many days.

Dongguan Securities pointed out that driven by carbon neutralization and policy, sales of new energy vehicles in China and Europe have entered a stage of rapid growth; sales of new energy vehicles in the United States are expected to usher in an upward inflection point under a sharp policy shift. It believes that the strong global demand for new energy vehicles will contribute mainly to the new consumption of lithium. It is estimated that the shortage of lithium supply will reach 21200 tons in 2021. The price of LCE, lithium concentrate and lithium salt is expected to continue to rise.

It is suggested that we should pay attention to Ganfeng lithium industry with the integration of upstream, middle and downstream of lithium industry and the promotion of resource attribute, participate in the Koda manufacturing of domestic high-quality salt lake lithium extraction enterprises, Yongxing materials with breakthrough lithium extraction technology of lithium mica, and Tianhua super clean, which is bound to high-quality customer resources.

At the online live broadcast meeting of SMM new energy on June 22nd, SMM analysts also made a detailed analysis and forecast on the growth trend of the new energy market. SMM believes that global sales of new energy passenger vehicles will continue to grow by as much as 25 per cent in the next decade and reach the level of 30 million vehicles by 2030. As for power batteries, since the fourth quarter of 2020, due to the impact of the consumption growth rate of new energy vehicles, the installed capacity has increased significantly, while the installed capacity of iron and lithium has increased rapidly.

When it comes to lithium salts, lithium carbonate has been in short supply since the end of 2020. Fortunately, in 2021, lithium salt companies began to expand, the market gradually appeared surplus, and lithium carbonate prices began to decline slightly.

According to the historical price of SMM, as of June 22, the average price of domestic battery-grade lithium carbonate was 87500 yuan per ton, up 36000 yuan per ton from the beginning of the year, or 69.9 percent.

"Click to see more historical prices of SMM Metals.

As for lithium hydroxide, according to SMM research, the domestic ternary demand for high nickel is insufficient in the first half of 2020, while the supply continues to grow, and lithium hydroxide continues to accumulate; in the second half of the year, the overseas demand for high nickel increases, and the supply and demand structure of lithium hydroxide is optimized; in the second quarter of 2021, the demand for high nickel at home and abroad is high, the production of high-end lithium hydroxide is insufficient, and the inventory is gradually reduced. "View details

As for the recent price of lithium hydroxide, SMM predicts that orders from large companies are still abundant near the end of the month and are expected to rise slightly.

As of June 22, according to SMM spot prices, the average price of battery-grade lithium hydroxide was 92500 yuan / ton, up 43500 yuan / ton or 77.8% from the beginning of the year.

"Click to see more SMM metal spot prices.