Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Macquarie: Stay Bullish about Battery Metals Price

Macquarie: Stay Bullish about Battery Metals Price

Oct 11, 2017 10:00

Source:SMM

As rise of sales of electric cars, rise of amount of metals needed for power batteries will drive appreciation prospect of lithium, cobalt, nickel and manganese in the long term.

SHANGHAI, Oct. 11 (SMM)－Macquarie analyst said on Oct.9^th, as rise of sales of electric cars, rise of amount of metals needed for power batteries will drive appreciation prospect of lithium, cobalt, nickel and manganese in the long term. It is predicted that long-term price of metal lithium will rise from $7,000 per tonne to $9,000 per tonne, cobalt price will price from $16.5 per pound to $26 per pound and nickel price will rise from $13,000 per tonne to $17,500 per tonne.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Lithium

cobalt

nickel

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

[SMM Review] Cobalt & Lithium Prices May Record New Highs Post the CNY Holiday

Overseas cobalt prices were relatively stable during the Chinese New Year (CNY) holiday, and there were few cobalt salt transactions heard in the market. And the prices remained unchanged from the pre-CNY holiday level.

time

Feb 7, 2022 13:32

[SMM Review] Cobalt & Lithium Prices May Record New Highs Post the CNY Holiday

Post-CNY Holiday Cobalt Prices Will Move Upwards with Rising Overseas Quotes

The output of cobalt sulphate in January will be about 5,900 mt in metal content, and the output of cobalt chloride will stand at 4,400 mt in metal content.

time

Jan 27, 2022 14:12

Post-CNY Holiday Cobalt Prices Will Move Upwards with Rising Overseas Quotes

Fire Broke Out at Nickel Smelter in Southeast Sulawesi, Indonesia

A fire broke out in the ferronickel smelting furnace at the nickel smelter in southeast Sulawesi, Indonesia yesterday at 4:00 p.m. According to sources, the furnace is located in Konawe and belongs to the PT.Obsidian stainless steel mill. The fire is currently affecting only one smelting furnace production line. The output of one ferronickel production line is expected to be 650 mt/month in Ni content under normal production. The impact caused by the fire is not significant.

time

Nov 17, 2021 10:39

Fire Broke Out at Nickel Smelter in Southeast Sulawesi, Indonesia

Nickel Prices Are Likely to Remain Volatile in Short Term, Stainless Steel Prices to Fall

SHFE nickel is expected to move between 142,000-148,000 yuan/mt this week and LME nickel will fluctuate between $19,400-20,100/mt

time

Nov 15, 2021 14:37

Nickel Prices Are Likely to Remain Volatile in Short Term, Stainless Steel Prices to Fall

SMM Evening Comments (Nov 12): Shanghai Nonferrous Metals Closed Mostly with Gains amid Loosening House Loans

Shanghai nonferrous metals mostly closed with gains as the market was boosted by the new of loosening house loans.

time

Nov 12, 2021 19:03

SMM Evening Comments (Nov 12): Shanghai Nonferrous Metals Closed Mostly with Gains amid Loosening House Loans

China Weekly Inventory Summary and Data Wrap (Nov 12)

This is a roundup of China's metals weekly inventory as of November 5.

time

Nov 12, 2021 20:00

China Weekly Inventory Summary and Data Wrap (Nov 12)

Exclusive: China's Metals Output in October

China’s copper cathode output stood at 789,400 mt in October, down 1.7% month on month and 3.9% year on year.

time

Nov 10, 2021 18:23

Exclusive: China's Metals Output in October

SMM Morning Comments (Nov 4): Shanghai Base Metals Fell across the Board after Fed Announcement of Tapering

Shanghai base metals all went down in the overnight trading on Wednesday after the Fed announced to start the tapering of asset purchase in late November, while the stock decline supported the prices.

time

Nov 4, 2021 10:00

SMM Morning Comments (Nov 4): Shanghai Base Metals Fell across the Board after Fed Announcement of Tapering

SMM Evening Comments (Oct 14): Shanghai Nonferrous Metals Mostly Closed with Gains amid Inflation Fears

Shanghai nonferrous metals mostly closed in the positive territory as the market has been increasingly worried about the inflation.

time

Oct 14, 2021 19:00

SMM Evening Comments (Oct 14): Shanghai Nonferrous Metals Mostly Closed with Gains amid Inflation Fears

SMM Morning Comments (Oct 14): Base Metals Basically Rose on Surging US CPI

Shanghai base metals were trending mixed on Thursday morning under the impact of the higher-than-expected US September CPI. Meanwhile, their counterparts on LME performed similarly.

time

Oct 14, 2021 09:59

SMM Morning Comments (Oct 14): Base Metals Basically Rose on Surging US CPI

SMM Events & Webinars

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 New Energy Industry Chain Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

MOST POPULAR

1.China Lithium Market Dynamics and Lithium Procurement Study

2.Battery Recycling Technology Understanding

3.Solid State Battery Market

4. China Scrap Steel Quality Analysis

5.China Scrap Steel Cost Curve

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.