Home / Metal News / Cobalt & Lithium / SMM Webinar Series: China new energy and upstream raw material industry review & outlook
SMM Webinar Series: China new energy and upstream raw material industry review & outlook
Jan 13,2021 18:25CST
SMM Schedule
Source:SMM
China's new energy vehicle market demand has grown rapidly, leading to stronger demand for ternary and iron-lithium materials. The global supply of nickel and cobalt raw materials is tightening, and the increase in downstream demand will support the rise of lithium prices in 2021.

China's new energy vehicle market demand has grown rapidly, leading to stronger demand for ternary and iron-lithium materials. The global supply of nickel and cobalt raw materials is tightening, and the increase in downstream demand will support the rise of lithium prices in 2021.

On the other hand, the rising battery installed capacity supports the rebound in lithium carbonate prices. Prices of lithium carbonate have bottomed out in the fourth quarter of 2020, and upward trend is likely to follow in the first quarter of 2021.

On the raw materials front, South Africa has tightened its COVID-19 prevention measures imposing Level III lockdowns as the pandemic has worsened, triggering concerns about supply of cobalt raw materials. China’s cobalt raw materials imports in December 2020 and January 2021 are likely to decline to 7,900 mt and 6,400 mt respectively, due to the Christmas and New Year holidays, decreased port capacity, and rising logistics prices. As the global supply of cobalt raw materials is tight, this is likely to further lift prices of cobalt series products.

In this webinar session our cobalt-lithium analyst will review on the China new energy and upstream raw material industry, as well as the market outlook for 2021.

Book your slots now!

Event Info

Date: January 21, 2021 (Thursday)

Time: 4:00 PM CST

Registration: https://attendee.gotowebinar.com/register/6099475196659807499

Speaker

Miranda Mei

Analyst, Cobalt-Lithium & New Energy Department

Shanghai Metals Market

Miranda has graduated from Purdue University in 2018, and is an analyst in the Battery Material Research Team, under SMM’s  Cobalt-Lithium & New Energy Department. She follows up the long-term market transaction dynamics of the entire industry chain of cobalt-lithium new energy, studies the relationship between supply and demand in the spot market, maintains daily communication with upstream and downstream corporate customers in the industry chain, and also tracks market transaction prices on a daily basis, and judges future price trends.

Webinar
New energy
NEV

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

Related news