With the spring of new energy vehicle industry and the construction of 5g energy storage base station, the process of lithium iron phosphate energy storage battery replacing traditional lead-acid battery is further accelerated, and the lithium iron phosphate industry is heating up strongly.
Since the technology side solved the problem of low energy density at the beginning of 2020, LiFePO4 battery has become a hot spot in the downstream due to its high cost performance. With the spring of new energy vehicle industry and the construction of 5g energy storage base station, the process of lithium iron phosphate energy storage battery replacing traditional lead-acid battery is further accelerated, and the lithium iron phosphate industry is warming up strongly.
Strong market of lithium iron phosphate and soaring price
"At present, the mainstream market price of power lithium iron phosphate is 46000-50000 yuan / ton, and the mainstream transaction price of energy storage lithium iron phosphate is 42000-43000 yuan / ton. Compared with the low of 34000 yuan / ton in mid November 2020, the market price of LiFePO4 has obviously warmed up in the near future, with a cumulative increase of about 40% in more than four months. "
Shanghai Nonferrous network data also shows that the situation of short supply of lithium iron phosphate Market in the near future is still continuing, and the price is also continuing to rise. As of March 23, the price of lithium iron phosphate power type has risen to 45000-50000 yuan / ton, while the price of energy storage type has also risen to 39000-44000 yuan / ton.
As a kind of cathode material, lithium iron phosphate can make lithium battery have the advantages of long cycle life, good high temperature performance, environmental protection and low price, but it also has short board with low energy density. However, since 2020, after overcoming the shortcomings of LiFePO4, the heat will reappear. The outbreak of lithium iron phosphate Market is related to the surge of market demand.
Upstream lithium carbonate price doubled, reflecting strong demand
The growing demand for lithium iron phosphate has led to the rapid growth of lithium carbonate. What is more noteworthy is that at present, the growth of lithium carbonate has far exceeded that of lithium iron phosphate.
According to the monitoring data of business news agency, lithium carbonate has been on the rise since November last year, and it will rise rapidly until 2021. At present, the reference price of industrial grade lithium carbonate is 79000 yuan / ton, and the price of battery grade lithium carbonate is 82000 yuan / ton. On March 10, the lithium carbonate commodity index was 215.54, up 118.73% from the lowest point of 98.54 on October 16, 2014.
The data of Shanghai Nonferrous Metals network also shows that with the accelerated recovery of new energy vehicles at home and abroad in the second half of 2020, and the overall new energy market still maintains high sales volume from January to February this year, the year-on-year growth rate reaches 480%. In the superimposed epidemic, home office has driven 3C consumer demand to exceed expectations, and the demand for upstream raw materials in the terminal market has increased significantly. From October to the end of February 2020, the price of battery grade lithium carbonate increased by 100%, and the price of industrial grade lithium carbonate increased by 117%.
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