-It will still take some time for the demand for power batteries to resume operating in July and transmit upstream

It will still take some time for the demand for power batteries to resume operating in July and transmit upstream
author:enerbyte source:本站 click308 Release date: 2023-04-24 15:05:00
abstract:
The operating rate of the power battery factory in July has basically increased compared to June, with an average month on month increase of 15%. A certain head battery factory's production schedule has increased by 30% -40% month on month, mainly due to the recovery of overseas high nicke...

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The operating rate of the power battery factory in July has basically increased compared to June, with an average month on month increase of 15%. A certain head battery factory's production schedule has increased by 30% -40% month on month, mainly due to the recovery of overseas high nickel orders and increased demand for iron lithium in the domestic car market.

Battery and downstream terminal markets: The operating rate of power battery factories in July has basically increased compared to June, with an average month on month increase of 15%. A certain head battery factory's production schedule has increased by 30% -40% month on month, mainly due to the recovery of overseas high nickel orders and increased demand for iron lithium in the domestic car market. In terms of the small power market, the domestic market for two wheeled vehicles and electric tools continues to be hot, with some battery factories approaching full production. The digital market has entered the off-season, and battery factories will relatively reduce production capacity. It is expected to recover by the end of August and early September.

Electrolytic cobalt and cobalt hydroxide: The price of electrolytic cobalt has dropped this week. The price of overseas electrolytic cobalt continues to weaken, and the willingness of domestic electrolytic cobalt parties to ship has increased. Major electrolytic cobalt suppliers have lowered their prices, and the market transaction price has dropped to 230000 yuan/ton, with a slight price of 220000 to 230000 yuan/ton. The downstream market demand for high-temperature alloys, magnetic materials, and other materials is weak, and the purchasing intention is low. The market is bearish in the future due to various factors. The price of cobalt intermediate products this week remains unchanged from last week. The spot market quotation for cobalt intermediate products this week is still at $10.3 per pound, and the spot market is relatively light compared to the previous period, with sporadic transactions and prices temporarily stable. Cobalt raw materials are gradually arriving at ports and factories, and the demand for spot products is decreasing. Cobalt intermediate products may gradually decline in stock. This week, the price of SMM electrolytic cobalt was between 23000 and 245000 yuan/ton, with an average price decrease of 7500 yuan/ton compared to last week. The price of SMM cobalt hydroxide is 9.8-10.3 US dollars per pound, with an average price unchanged from last week.

Cobalt and nickel salts: The price of cobalt chloride has dropped this week. This week, cobalt salt transactions were lackluster, with demand for cobalt sulfate mostly not purchasing. Market transactions were sporadic, and prices remained temporarily stable; Downstream demand merchants for cobalt chloride are also not actively purchasing. The downstream price of cobalt tetroxide has decreased, making it difficult to maintain the price of cobalt chloride. The mainstream transaction price has basically dropped to 53000 to 54000 yuan/ton. This week, the price of SMM cobalt sulfate was 445-4700 yuan/ton, which is the same as last week's average price. The current price of SMM cobalt chloride is 535-5600 yuan/ton, with an average price decrease of 1000 yuan/ton compared to last week. The price of SMM battery grade nickel sulfate is 227-2300 yuan/ton, with an average price decrease of 5500 yuan/ton compared to last week.

Cobalt tetroxide: The price of cobalt tetroxide fell this Thursday. This week, some suppliers of cobalt tetroxide have lowered their quotations to 173000 to 175000 yuan/ton, and the downstream psychological price has dropped to below 170000 yuan/ton. The mainstream transaction price is over 172000 yuan/ton, with a slight increase of 168000 to 171000 yuan/ton. 3C battery manufacturers are pushing down prices, and lithium cobalt oxide manufacturers are constantly lowering their psychological price for purchasing cobalt tetroxide. It is expected that the transaction price of cobalt tetroxide will continue to decline. The current price of SMM cobalt tetroxide this week is 172-17700 yuan/ton, with an average price decrease of 0.25 million yuan/ton compared to last week.

Ternary precursor: The price of ternary precursor remains unchanged this Wednesday. This week, the prices of cobalt and nickel salts remained basically unchanged, with an increase in transactions after the holiday. The prices of precursor manufacturers increased by 2000 to 3000 yuan/ton, but the actual transaction prices were still relatively low. There was no significant increase in demand in the power market, and the prices of power precursor products may slowly decline in the short term. In addition, the competition in the digital market is fierce, and the transaction prices of precursors have begun to decline slightly. This week, the price of the SMM ternary precursor (523 type) was 71-7300 yuan/ton, which is the same as last week's average price. The price of SMM ternary precursor (523 single crystal type) is 73-75500 yuan/ton, which is the same as last week's average price. The price of the SMM ternary precursor (Type 622) is 78000 to 80500 yuan/ton, which is the same as last week's average price. The price of the SMM ternary precursor (Type 811) is 905-95000 yuan/ton, which is the same as last week's average price.

Lithium carbonate: The price of battery grade lithium carbonate has dropped this week. Mainstream enterprises in Qinghai region have recently expressed a clear willingness to increase prices, while industrial carbon prices have remained temporarily stable. Other enterprises still face high inventory pressure and strong willingness to ship. When there is no clear signal of demand recovery, it is difficult for lithium carbonate prices to recover, and buyers will still purchase at a lower price. The production schedule of conventional ternary materials has not significantly recovered, and the demand for battery grade lithium carbonate is limited. Coupled with the increasing demand from purification enterprises, the pressure of market oversupply is still on, and the price pressure is obvious. This week, the price of SMM battery grade lithium carbonate was 3900 to 41000 yuan/ton, with an average price drop of 0.05 yuan/ton compared to last week. The price of SMM industrial grade zero lithium carbonate is 315-3700 yuan/ton, which is the same as last week's average price.

Lithium hydroxide: The price of lithium hydroxide remained unchanged this week. After leading lithium hydroxide manufacturers increase production, their supply of goods is sufficient, and the overall domestic demand is concentrated. With a slight decline in overseas orders in the third quarter, there is still room for a slight reduction in the price of battery grade lithium hydroxide in the future. This week, the price of SMM battery grade lithium hydroxide (coarse particles) was 47-5200 yuan/ton, which is the same as last week's average price. The price of SMM industrial grade lithium hydroxide is 42000-45000 yuan/ton, which is the same as last week's average price.

Lithium cobalt oxide: The price of lithium cobalt oxide has dropped this week. This week, lithium cobalt oxide suppliers lowered their prices, and 3C battery manufacturers reported that orders remained stable month on month in July, leading to a decline in lithium cobalt oxide procurement prices. Individual transactions of lithium cobalt oxide have been sporadic, with 3C battery factories pressing down on prices. The price of cobalt lithium raw materials has also begun to decline, and the price of lithium cobalt oxide is under pressure and there is still a downward trend. This week, the price of SMM4.35V lithium cobalt oxide was 191-196000 yuan/ton, with an average price decrease of 1000 yuan/ton compared to last week.

Ternary materials: The price of ternary materials remains unchanged this Wednesday. This week, the price of precursor remains unchanged, while the price of electric carbon has slightly decreased. In July, the production schedule of power battery factories has increased, but the raw material inventory of battery factories is high, and the procurement volume of ternary materials is less than expected. At present, there has been a significant increase in the procurement volume of high nickel, and the demand for series 5 and 6 products has only slightly increased. The upstream precursor prices have temporarily strengthened, with a price increase of 2000 to 3000 yuan/ton. The actual transaction price has remained basically unchanged, while the price of power type ternary materials remains unchanged. This week, the price of SMM ternary materials (523 type) was 111500 to 116500 yuan/ton, which is the same as last week's average price. The price of SMM ternary material (Type 622) is 1300-137500 yuan/ton, which is the same as last week's average price. The price of SMM ternary material (811 type) is 147-16000 yuan/ton, which is the same as last week's average price.

Lithium iron phosphate: The price of lithium iron phosphate has slightly decreased this week. This week, the price of lithium carbonate has remained stable, and the demand for iron lithium from top power battery factories has increased. The procurement volume in July has increased compared to June, but battery factories have strong bargaining power, and the price of iron lithium continues to be under pressure. In terms of energy storage market, the bidding for 5G base stations has ended, and battery factories have gradually purchased iron lithium materials. The energy storage market has low requirements for iron lithium quality, and market competition is fierce. Some manufacturers using iron phosphate raw materials have lowered their prices to below 30000 yuan/ton. This week, the price of SMM lithium iron phosphate (power type) was 345-3700 yuan/ton, with an average price decrease of 02500 yuan/ton compared to last week. The price of SMM lithium iron phosphate (energy storage type) is 28-33500 yuan/ton, which is the same as last week's average price.

Lithium manganese oxide: The price of lithium manganese oxide remains unchanged this week. This week, the price of industrial carbon remains unchanged, and recent trading volume has increased. Overseas exports are mostly dependent on the Indian market. Due to the impact of the epidemic and China India relations, Indian exports have been severely hindered. The domestic market has slightly recovered, but July and August are the off-season, with average market demand. Some lithium manganese oxide manufacturers have reduced production capacity, and it is expected to wait for September and October to return to normal. This week, the price of SMM lithium manganese oxide (capacity type) was 21000 to 28000 yuan/ton, which is the same as last week's average price. The price of SMM lithium manganese oxide (power type) is 33-35500 yuan/ton, which is the same as last week's average price.

Negative electrode materials: The prices of artificial graphite and natural graphite remained unchanged this week. The price of raw material needle coke has slightly decreased, and the market transaction is average. The increase in battery factory production plans has not yet been transmitted to the negative electrode market, and the procurement volume of raw materials is not high, and the price is relatively stable. This week, the price of SMM artificial graphite (high-end) was 75-8000 yuan/ton, and the price of SMM artificial graphite (mid range) was 65-7000 yuan/ton, both of which were the same as last week. The price of SMM natural graphite (high-end) is 50000 to 60000 yuan/ton, while the price of SMM natural graphite (mid range) is 30000 to 40000 yuan/ton, both of which are at the same level as last week.

Diaphragm: Diaphragm prices remain unchanged this week. The price of separators is relatively stable, and export orders for power batteries have slightly increased. The purchase volume of separators may continue to increase. This week's SMM wet substrate (5 μ m) The price is 2.5-3.3 yuan/square meter, with SMM wet base film (7 μ m) The price is 1.8-2.2 yuan/square meter, with SMM wet base film (9 μ m) The price ranges from 1.2 to 1.5 yuan/square meter, with the average price being the same as last week. SMM dry base film (16 μ m) The price is 0.9-1 yuan/square meter, which is the same as last week's average price. SMM wet coating base film (5 μ m+2 μ m) The price is 3-3.8 yuan/square meter, with SMM wet coating base film (7 μ m+2 μ m) The price is 2.2-2.6 yuan/square meter, with SMM wet coating base film (9 μ m+3 μ m) The price is 1.8-2.5 yuan/square meter, with the average price being the same as last week.

Electrolyte: The price of electrolyte remains unchanged this week. The demand for ternary batteries recovered slowly, and the downstream purchase intention was limited. The demand for lithium iron phosphate battery was relatively stable, and the electrolyte market price remained stable with little fluctuation. This week, the price of SMM electrolyte (for ternary power) is 35000-45000 yuan/ton, the price of SMM electrolyte (for lithium iron phosphate) is 30000 to 35000 yuan/ton, the price of SMM electrolyte (for lithium cobalt oxide) is 50000 to 60000 yuan/ton, and the price of SMM electrolyte (for lithium manganese oxide) is 15000 to 25000 yuan/ton, both of which are the same as last week.

Future forecast: Cobalt raw materials will gradually arrive in Hong Kong, and demand for cobalt sulfate will remain weak. Future prices may continue to slowly decline. In terms of lithium, Qinghai's major factories have been shipping smoothly recently, and the price of industrial carbon has briefly remained stable. However, the overall market is still in a state of oversupply, and some enterprises are eager to ship due to high inventory pressure, making it difficult for prices to adjust. The stabilization of raw material prices and the cessation of decline still need to wait for the recovery of terminal market demand in the future.

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