The price of this key raw material for lithium battery has soared: the stock price of the concept stock has doubled in January.

SMM: the price of lithium battery raw material lithium hexafluorophosphate has skyrocketed recently.

According to the latest price of Xinhuo, the domestic transaction price of lithium hexafluorophosphate was between 85000 yuan and 90, 000 yuan on October 14, up at least 10000 yuan / ton from the end of September. In addition, since mid-September, a number of domestic lithium hexafluorophosphate production enterprises have announced to stop the quotation of related raw materials.

It is worth mentioning that although the price of lithium hexafluorophosphate has increased significantly recently, there is still a huge difference between the price of lithium hexafluorophosphate and the high point of 2016.

Electrolyte is the "blood" of lithium-ion battery, and lithium hexafluorophosphate is the core of electrolyte. On the one hand, the performance of lithium hexafluorophosphate determines the ionic conductivity, electrochemical stability window, high and low temperature stability and oxidation stability of the electrolyte; on the other hand, lithium hexafluorophosphate is the cost center of the electrolyte, which accounts for a relatively high cost. its price change directly determines the price trend of the electrolyte.

Under the background of the global electrification tide, the new energy vehicle industry is hot above the hustle and bustle. According to the data of China Association of Automobile Manufacturers, domestic new energy vehicles showed a trend of booming production and sales in September. In September, the production and sales of new energy vehicles both exceeded 130000, reaching 136000 and 138000 respectively, up 28.9% and 26.2% month-on-month, and 48.0% and 67.7% respectively over the same period last year.

The China Automobile Association said that sales of new energy vehicles in China are expected to exceed 1 million this year.

As lithium hexafluorophosphate is mainly produced in China, the global demand for new energy vehicles has a significant pulling effect on lithium hexafluorophosphate. A research report predicts that next year, the global demand for electrolyte will reach 430000 tons, and the global demand for lithium hexafluorophosphate will increase to 54000 tons.

Shen Cheng of Bank of China Securities said that the lithium hexafluorophosphate industry is at the bottom of the price and profit cycle. The demand of the industry has improved marginally in the short term and has no worries about high growth in the long run. The industry has entered a period of low-speed production expansion, and the new supply is limited. The supply and demand pattern is expected to continue to improve, prices are expected to hit bottom and rebound, and corporate profits in the industry are expected to continue to repair. Maintain the industry rating is stronger than the market rating.

With the rising price of lithium hexafluorophosphate and the keen sense of smell in the secondary market, related concept stocks have long been moved by the wind.

As the domestic leader of lithium hexafluorophosphate production and marketing, polyfluorine and multi-product layout of high-performance inorganic fluoride, electronic chemicals, lithium-ion batteries and materials, new energy vehicle production and research four major plates.

Since September, the share price of polyfluorodo has fluctuated significantly, and statistics show that the stock has risen by more than 34% in the past month.

The company's semi-annual report shows that by the end of 2020, it will form an annual production capacity of 8000 to 10000 tons of lithium hexafluorophosphate, supplying products to mainstream electrolyte manufacturers such as BYD, Cedar shares, New Zebang, Tianzhi, and exported to South Korea, Japan and other countries. sales rank first in the world.

With lithium-ion battery materials plate of God-sent materials, with a matching layout of electrolytes and lithium iron phosphate key raw material production capacity, including lithium hexafluorophosphate. After the rapid upward move in early September, like Dofurdo, the share price of Tianci material has also risen significantly in the near future. As of today, the company's share price closed at 61.65 yuan per share, up more than 62% in the past month.

The company said in the record of investor relations activities disclosed on September 4 that the continuous growth in the market demand for electrolyte since the third quarter has led to a strong demand for lithium hexafluorophosphate, and it is reported that there has been a certain increase in recent trading prices in the market. At present, the company has a production capacity of 30, 000 tons of liquid lithium hexafluorophosphate and 2000 tons of solid lithium hexafluorophosphate. As the company's production of lithium hexafluorophosphate is mainly for self-use, so the output is mainly arranged according to the needs of the company.

Skyline, which is mainly engaged in lithium hexafluorophosphate and home appliances, has doubled its share price since September.

And the disclosure has formed lithium hexafluorophosphate production capacity of 2000 tons / year of Shida Shenghua, the stock price is also strong, in addition, Yan'an Bikang, Shanshan shares and other construction capacity of lithium hexafluorophosphate.