Lithium carbonate price increase

The price goes up seven times a year

In early 2021, the price of battery-grade lithium carbonate was only about 70,000 yuan per ton; By the beginning of this year, the price of lithium carbonate had risen to 300,000 yuan per ton.

And in July this year, the price of lithium carbonate is close to the historic 500,000 yuan/ton, just a year and a half, the price has risen 7 times.

Is essentially determined by the supply and demand, price on the demand side, power battery is a lithium iron phosphate, in particular, as well as the energy storage battery demand for lithium carbonate is indeed in the continued ascent, but the new energy automobile terminal sales and energy storage battery installed capacity, rose actually not much, for the supply of lithium carbonate incremental demand is not high.

As long as upstream lithium carbonate production is not significantly affected, coupled with inventory, it is fully able to meet demand. And as far as the Autobots know, many lithium carbonate manufacturers have actually increased their supply significantly.

The current rise in the price of lithium carbonate has seriously affected the healthy development of new energy vehicles. Under the background of strong appeal from the industry, relevant departments will inevitably introduce more stringent control measures to further strengthen the supervision, guidance, coordination and overall planning of the power battery industry chain.