Inventory of Top Ten keywords in 2021 Lithium Industry chain (later) [SMM topic]

SMM survey: what kind of metal do you like most in 2022?

What I bring to you today is the next issue of the inventory of the top ten keywords in the new energy industry in 2021.

Li Wang Ye

I believe we all know that many raw materials in the cobalt and lithium industry chain have risen sharply this year.

But if you were to guess the biggest increase in raw materials this year, who would you choose?

Lithium iron phosphate with a cumulative increase of 161% from the beginning of the year to the end of the year? Not also

The demand for high nickel seems to be gradually rising, which is battery-grade lithium hydroxide with a cumulative increase of 306%? No!

The answer is lithium carbonate! Since the beginning of the year, the cumulative increase of industrial carbon and electric carbon has been as high as 369% and 372% respectively!

This increase, I just ask, who else!

Is this an exaggeration? exaggerate.

How exaggerated is that?

Lithium carbonate, hard to rely on rising prices to reach the star super words stronghold Weibo hot search, there are noodles, right?

It even attracted a special report from the state media.

I thought it was an exaggeration to double the lithium directly in the first half of the year.

As a result, unexpectedly, the production capacity of lithium iron phosphate enterprises began to expand rapidly in the second half of the year, the new production line was tens of thousands of tons, and the demand for lithium carbonate surged even more. Some enterprises directly swept goods at high prices in order to ensure the smooth release of production capacity.

And the rest of the enterprises looked, good guy, such a war, so have also joined the army of stock preparation.

Now, the price of lithium carbonate has completely taken off.

As for how exaggerated the flight is, I won't say any more. Take a look at the picture below.

Of course, some material companies have expressed their dissatisfaction with the rapid rise in lithium prices.

In fact, in essence, the soaring price of lithium carbonate in this round is still due to the excessive volume of terminal demand and the different speed of production expansion in the upstream and downstream, which is caused by the mismatch between supply and demand.

As far as the editor knows, during the period when lithium carbonate rose the fastest, many material factories just finished consulting prices in the morning, and they woke up after a lunch break to find that lithium salt soared by 5,000 per ton again, and there were many cases that they had to renegotiate their prices.

And lithium salt also with this year's ultra-high degree of topic and increase, so that it has a place in this year's keyword ranking version.

Shortage of raw materials! Shortage!

Everyone must be impressed by the shortage of raw materials in the lithium power industry chain this year, um, at least for the procurement of major batteries and materials enterprises.

However, unlike previous material shortages, this year's shortage is not just one kind of material.

What? what are you missing?

I count, lithium carbonate, lithium yellow phosphate iron phosphate, lithium hexafluorophosphate, electrolyte additive VC,PVDF …

In the most shortage of these materials, the procurement of various enterprises in order to buy their own thoughts of raw materials can be described as sparing no effort, there is a pair of iron shoes to visit material enterprises all over the country.

Some downstream enterprises purchase and keep goods at the gate of the lithium salt factory.

It is urgent to have a segment of freestyle live battle with the upstream supplier.

However, it is also their hard work that has enabled our enterprises and industrial chains to operate normally, and the editor, who is also a beater of workers here, is also distressed for everyone.

Large-scale expansion of lithium iron phosphate

In this year's market, lithium iron phosphate undoubtedly occupies the C position in the battery material.

After the progress of battery technology and the decline of new energy policy subsidies, lithium iron phosphate is generally expected to be used in the future. Since the fourth quarter of last year, with the increase of the proportion of lithium iron phosphate in the application of terminal new energy vehicles in China, the market demand for lithium iron phosphate has also experienced a substantial upward trend.

However, due to the relatively low energy density, lithium iron phosphate material was suppressed by ternary materials for a long time, and the prosperity of the industry was low. At that time, the production lines of many enterprises were in a state of low operating rate, and the production lines of many enterprises were even shut down directly, not to mention substantial production expansion.

Therefore, after the volume of terminal demand, the problem of insufficient production capacity of lithium iron phosphate materials has been exposed.

As a result, lithium iron phosphate enterprises, big or small, have opened a crazy mode of production expansion.

At this time, many viewers may be about to ask, so they will expand their production. What's the big deal?

But the crux of the problem is that it is not just iron and lithium enterprises that are expanding production this time. .

Under the condition that lithium iron phosphate is expected to continue to improve, titanium dioxide enterprises and phosphorus chemical enterprises in the upper reaches of lithium iron phosphate are also waiting for the opportunity to announce production expansion plans to enter the field of new energy iron-lithium materials wantonly.

At this point, lithium iron phosphate to expand the ranks of the tripod situation formed.

As for how exaggerated the production expansion of these enterprises is, let me tell you.

According to SMM statistics, according to the current release of public information in the industry, we expect the output of lithium iron phosphate material to increase significantly to 1.43 million tons by 2025.

Don't you have any idea?

Let me put it this way. In 2020, the total output of lithium iron phosphate industry is only 146000 tons.

In other words, it has increased nearly tenfold!

And this is undoubtedly far more than expected at the beginning of the year, and with the gradual expiration of overseas lithium iron phosphate patents, and some national car companies to increase investment in the research and development of lithium iron models for cost considerations, it is expected that overseas lithium iron phosphate will also gradually increase in the future.

The impact of power cuts! Double control of energy consumption!

When it comes to the large-scale power cuts in September this year, everyone should not be unfamiliar with it. But do you know that this power cut has also had a certain impact on the enterprises of the lithium power industry chain?

Let the editor take you to review it today.

In September this year, with the upgrading of China's double control policy on energy consumption, many provinces such as Guangdong, Jiangsu, Hunan, Jilin, Liaoning and other provinces launched power rationing procedures one after another. at the same time, enterprises in many regions have also been notified by the local energy bureaus of power cut. is required to open three stop four, or even "open two stop five".

Among them, high energy consumption industries such as non-ferrous metals, chemical industry and iron and steel are the "hardest hit areas" of power restrictions.

During this period, the enterprises of lithium new energy have also been affected to a certain extent.

Among them, the precursors and cathode material enterprises in Guangdong, Hunan, Jiangsu and other places have relatively strict local power restriction policies, so the production scheduling plans of most local enterprises have also been greatly affected, with an average production reduction of more than 20%. Some enterprises choose to stop production directly.

It is worth noting that among these affected enterprises, there is no lack of ternary enterprises and industry leaders of lithium iron phosphate.

Of course, the specific editors of those enterprises do not say, the editors do not know anything, and do not dare to ask anything.

Fortunately, with the passage of time, by the end of October, most of the lithium industry chain enterprises across the country have returned to normal production.

Stop production! The threat of the epidemic!

The epidemic situation of novel coronavirus seems to have become one of the topics that people can't avoid in recent years.

In 2021, the epidemic situation of novel coronavirus in China has been gradually brought under control, but it is still facing great pressure from overseas imported cases. The repeated epidemic situation in many places throughout the country occurs from time to time, which still has a continuous impact on the life safety and daily economic activities of our country.

And this is also true for the lithium industry chain.

On December 10, there were new cases of COVID-19 in many places in China, including 45 confirmed cases in Zhejiang Province, including 2 in Hangzhou, 4 in Ningbo, 38 in Shaoxing and 1 imported from abroad.

In this case, the cities and counties under the jurisdiction of Zhejiang have also gradually strengthened prevention and control management measures, and the local lithium new energy enterprises have also been affected to a certain extent.

According to SMM research, the current Zhejiang ternary materials and precursor enterprises and two cobalt salt enterprises officially stopped production on December 10th.

The shutdown will affect the output of ternary materials, ternary precursors, cobalt sulfate and cobalt chloride, 1000-1200 tons, 700 tons and 600 tons, respectively.

As the epidemic seems to have a tendency to spill over, it does not rule out the possibility that more enterprises will be affected in the future.

Here, I would like to express my high respect to all the medical students who are in the forefront of striving for the safety of people's lives.

At present, as the end of the year and New Year's Day short holiday are approaching, personnel activities are gradually intensive. Here, the editor also reminds everyone to pay attention to their own safety.

After all, there are no trifles when it comes to life safety.