[SMM Analysis] Lithium battery concept stocks have a strong trend. The price of electric carbon may still be raised slightly.

SMM11 March 11: today, lithium battery concept stocks have a strong trend. By the close of trading, the shares of Aucma and Aucma are up more than 10%, and the shares of German Nano are up more than 9%. Xiongtao shares, Yiwei LiNeng and so on are up.

With the gradual recovery of new energy vehicle sales, the lithium battery market trend is also improving. According to data, the installed capacity of power batteries in September was 6.6GWH, up 66.2% from the same period last year and 28.2% from the previous month. Among them, the installed capacity of ternary batteries is 4.2 GWH, accounting for 64.2%, and that of lithium iron phosphate batteries is 2.3 GWH, accounting for 35.4%.

Industry insiders said that driven by positive factors such as policy and market, the power battery industry ushered in a period of development opportunities. Power battery enterprises should pay attention to technological breakthroughs and subversive technological innovation, and better participate in international competition.

According to SMM research, battery-grade lithium carbonate has shown an overall upward trend since the end of July. as of November 11, the average price of battery-grade lithium carbonate was 42500 yuan / ton, up 500 yuan / ton from yesterday. As shipments of battery-grade lithium carbonate are tightening, prices continue to rise. Some downstream customers feedback that the volume of low-cost electric carbon is limited, and lithium salt manufacturers intend to raise prices in the near future.

SMM believes that the lithium carbonate market has been destined for the first time since May 2019, with a monthly destocking of about 2100 tons, and the supply and demand structure is expected to improve gradually with the continuous development of the lithium power industry. In November, the production lines of some manufacturers are still in a state of technical transformation, and production is expected to decline slightly from the previous month, and shipments will continue to be tight. Superimposed mainstream large factories, as the main raw materials of cathode materials, have higher bargaining power to the lower reaches, and the price of electric carbon may still be raised slightly.