The turnover of lithium battery panels is 23% lower than that of yesterday. The trend of battery technology differences may become more and more obvious.

SMM5 March 12: the three major A-share indexes closed mixed today, with the gem index closing up more than 1 per cent. The total turnover of the two cities was 599.4 billion yuan, the industry plate was mixed, and the medical and food sectors led the rise strongly. There was a net inflow of $3.393 billion to the north today. As of the close, Prev was down 0.11% at 2891.56 points, Shenzhen Index was at 11015.56 points, up 0.42%, and Chuangshi Index was at 2124.15 points, up 1.01%.

Today, the lithium battery plate trend is more consistent with the market trend, the plate trading value of 35.32 billion yuan today, 45.98 billion yuan yesterday, down 23%, although the intraday V-shaped reverse trend, the overall capital outflow state, but there are still some stocks rose, only one stock rose by the limit, the plate stocks fell more or less.

Within the plate easy to become new can rise to the limit today. The production capacity of lithium-ion battery anode materials is in the forefront of the country. According to the feasibility study report of the 1 billion Wh power lithium ion battery project announced by Yi Chengxin Energy in December 2017, the project is divided into two phases, with a total investment of 5 billion yuan, which will form an annual production capacity of 10 billion watt hours of lithium battery. The production capacity of the first phase of the soft package cell with an annual production capacity of 1 billion watt hours is expected to be 1.8 billion yuan, the second phase of the general planning land is about 1750 mu, the planned production capacity is 9 billion watt hours, and the investment is about 4.5 billion yuan. The second phase mainly produces all-solid-state batteries according to the transformation of scientific research achievements. But affected by the concept of photovoltaic, the stock rose by the daily limit today.

On May 11, Ningde Times chairman replied to investors at an online briefing on the 2019 results that the company would supply Tesla in the second half of the year, not limited to lithium iron phosphate or ternary batteries, depending on market demand.

The company has its own "cobalt-free" battery technology reserve, the current research and development is progressing smoothly, is looking for ways to do a good job in the supply chain, "because it is a new, subversive product."

The bearish news accelerated the decline of the non-ferrous cobalt sector in early trading, down 0.81% in the Ningde era and 4.48% yesterday.

Earlier, after Tesla announced that the company was using cobalt-free batteries, the colored cobalt plate index was also pulled down by the news that there was no cobalt.

It is reported that at present, there are mainly two directions for cobalt-free batteries on the market: one is the traditional lithium iron phosphate battery path, which can reduce costs and increase efficiency by increasing the energy density of a single cell, CTP, blade batteries, and so on; the other is to develop new cobalt-free material batteries.

According to SMM, cobalt spot ternary materials and precursor manufacturers counter-offer cobalt sulfate due to downstream pressure, but cobalt sulfate manufacturers are strong prices, especially the recovery of electrolytic cobalt market prices more stimulate supplier sentiment. SMM believes that cobalt sulfate prices may recover slightly in the short term, but will not last long, and prices will remain under pressure at a later stage.

Although the policy is good for a long time, it is limited by the development of technology, and there may be a great differentiation in the future rising trend of the lithium battery plate.

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