Today, the average price of lithium carbonate jumped 8000 yuan to break through 340000! Supply gap continues to magnify [SMM flash]

SMM, Jan. 20: according to the spot quotation of SMM, today's battery-grade lithium carbonate is quoted at 338000-346000 yuan / ton, with an average price of 342000 yuan / ton, jumping 8000 yuan a day, or 2.4%.

"Click to view the spot price of SMM metal

Battery-grade lithium hydroxide followed closely, with quotations rising to 28.2-291000 yuan / ton, with an average price of 286500 yuan / ton, a daily increase of 1.78 percent. At the same time, spot quotations for spodumene concentrate (6% focus CIF China) also rose, rising US $50 per tonne, or 2.02 per cent, to US $2530 per tonne today.

With regard to lithium carbonate, according to the latest research by SMM, under the influence of the shutdown and overhaul of some lithium salt plants in January, the monthly output of lithium carbonate continued to decline by about 3% month-on-month, while the demand side continued to rise by 3% month-on-month under the support of the three yuan and iron-lithium plates, and the supply gap continued to widen. "View details

As for lithium hydroxide, according to SMM research, in January, under the influence of the impulse of high nickel batteries, the demand for hydrogen increased significantly, and there was a gap in the market, resulting in an upward price of lithium hydroxide.

Recently, driven by the sharp rise in lithium salt prices in 2021, many enterprises in the lithium industry chain have issued their own pre-increase announcements of performance in 2021. So far, there have been more than 20 enterprises, including divine Materials, Tibetan Mining, Yongxing Materials, Dangsheng Science and Technology, Mount Qomolangma in Tibet, and so on. Among them, the performance of polyfluoroduo is the most eye-catching, and its net profit in 2021 is expected to be 12.3-1.33 billion yuan, which is expected to soar by 2429.7% to 2635.37% over the same period last year. Mount Qomolangma in Tibet is not far behind, with an estimated net profit of $700 million to $900 million in 2021, an increase of 2,188.76% and 2842.69% over the same period last year.

Follow-up SMM will sort out the lithium industry chain 2021 performance pre-increase topic, please follow.