Lithium battery concept re-active Fengyuan shares and other 5-share trading institutions expect lithium prices to continue to rise in the future.

SMM November 26th: lithium battery concept plate is active again today, with Jiuwo Hi-Tech, Pu Tailai, Fengyuan shares, Lanxiao Technology and other stocks led by the daily limit at one time, once again set off a wave of small "limit". By the midday close, five shares, including Pu Tai Lai, Fengyuan shares, Saddle heavy shares, and Sony Finance, were up by the daily limit, while Sheng Xin Li Neng, Xiang Fenghua and other stocks were up more than 8%.

On the face of the news, according to news on November 24, an enterprise's lithium mine development project in Europe was opposed by local protesters who believed that its lithium mine development project would damage the local ecological environment, which led to twists and turns in the progress of the project. or have an impact on lithium prices.

According to news released by the Argentine government on November 24th, Argentine Mining Minister Alberto Hanzel took the lead in arranging talks between YPF and the Ningde era to promote the development project of electric car battery leader in cooperation with YPF lithium company. This behavior seems to mean that the Ningde era's foray into Argentina has been supported by the local government, and the Argentine mining minister also said at the beginning of the meeting that the Ningde era is the most important battery manufacturer in China. In the next few years, the demand for lithium will reach five times Argentina's capacity today, so it is imperative to promote cooperation between the two companies.

There is no doubt that in the future, YPF lithium industry will join hands with Ningde era to find suitable lithium mines in Argentina for development. Although the Ningde era withdrew sadly in the bidding war with the American lithium industry for the Millennium Lithium Industry, the pace of its layout of lithium mines will not come to a standstill.

It is worth mentioning that recently, the battle for lithium mines has become increasingly fierce. After the great acquisition battle of the Millennium Lithium Industry came to an end, the "cross-border" Jinyuan shares once achieved a brilliant record of laying out four lithium mines in three months. At a time when lithium ore is in short supply, the price of lithium salt is also rising.

According to the spot quotation of SMM, as of November 25, the average spot price of domestic battery-grade lithium carbonate has remained at 200000 yuan / ton for three consecutive days, up 147000 yuan / ton from the beginning of the year, or 277.4%.

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It is worth mentioning that although the price of lithium carbonate is still high recently, with the end of the Gregorian calendar approaching, domestic cathode material enterprises are less willing to purchase raw materials, and some enterprises mainly take off inventory of raw materials. as a result, the upward speed of lithium carbonate prices is expected to slow down. "View details

However, in the long run, SMM believes that lithium carbonate may form a supply gap of about 16% in the past two months, the fundamentals are firm, and subsequent prices will still rise slightly.

Guotai Junan previously pointed out that the third round of lithium price increases have been brewing and started, and lithium carbonate prices will take the lead in rising. Lithium prices are expected to continue to rise in 2022 and 2023.

And Huaan Securities also said that as the current winter, supply-side salt lake production has a certain degree of contraction, almost no supply increment. However, on the demand side, on the one hand, lithium power production increases month by month, and battery factories and mid-stream material factories gradually prepare stocks before the year, on the other hand, regional power cuts gradually ease the further release of demand; at the same time, the lithium salt inventory of various enterprises is at a low level, and the contradiction between supply and demand intensifies, spot prices continue to rise, contract prices between large factories are also higher month by month, and lithium prices are still supported and rising by supply and demand.

Guoxin Securities said that lithium, affected by the climate, the domestic mineral supply is further tight, processing plants affected by the continuous upward movement of raw material costs, strong price-raising behavior, the market generally shows a strong bullish mood, the follow-up lithium price may continue the upward trend.

Related reading: 3 months cross-border acquisition of 4 lithium mine shares! The company said that there is no production plan for lithium battery for the time being.