[SMM Analysis] Lithium Battery concept stocks strengthen Cedar Stock sealing Plate Lithium Carbonate Price is expected to rise slightly in the short term

SMM9 March 15: today, the lithium battery concept stock trend is strong, Shanshan shares, aerospace mechanical and electrical pull up the sealing board, Cixing shares, pilot intelligence, nebula shares rose more than 10%, BYD, Shi Dashenhua rose more than 9%.

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According to SMM research, the price of battery-grade lithium carbonate has shown an overall downward trend since the beginning of the year. As of September 15, the average daily price of battery-grade lithium carbonate was 40, 000 yuan / ton, down 10250 yuan / ton from the peak of 50250 yuan / ton since the beginning of the year. SMM believes that the supply and demand structure of lithium carbonate has improved, mainly due to a sharp drop in imports from Argentina and Chile, where the epidemic is still severe. The number of confirmed cases in one day reached an one-day high on Sept. 10, and imports are expected to remain low in August.

According to SMM research, most of the domestic lithium salt manufacturers are in full production, and lithium carbonate is in short supply. Lithium salt manufacturers are tight in shipments, and most of the quotations are higher at present. However, the rate of increase on the demand side is not as fast as the release rate of production capacity, so the price of lithium carbonate is expected to rise slightly and be stable in the long run.

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