over 5 companies involved in the upstream lithium power battery
demand side, according to the china geological survey data, by 2020 to achieve an annual output of 2 million new energy vehicles, lithium products will reach 8~10 tons of lithium carbonate equivalent, more than 2015 national lithium product consumption. in other areas, the demand remains unchanged, the development of new energy automotive industry will lead to an average annual growth rate of 10% to 15%, is expected in 2020 lithium demand will reach 150 thousand tons of lithium carbonate equivalent.
the supply side, lithium engineering to global lithium resource reserves are huge, but the battery grade lithium carbonate supply shortage is mainly based on two reasons:
one is the effective supply of lithium and slow co.. sqm, fmc lithium monopoly in several leading enterprises, coupled with the difficulty of exploitation of lithium resources, lithium technology development is slow, lack of effective supply; at the same time, lithium consumption is much faster than the supply, so that the exploitation of lithium resources often lags behind the market demand;
two is enough in lithium battery grade lithium carbonate under the premise of new capacity release time difference exists. especially the season, brine, stop lithium, infrastructure and other internal and external factors, the new capacity release cycle is extended. ggii analysts say the capacity release cycle will last at least a year and a half.
lithium carbonate from the beginning of 2015 less than 50 thousand yuan / ton, and even by 2016 180 thousand yuan / ton difficult to pick up the scene. at present, lithium carbonate is still hovering at 150 thousand yuan / ton high.
one side is the power battery market demand; one side is lithium and lithium carbonate demand. the basic reason for the frequent fluctuation of lithium carbonate price and the soaring trend of supply and demand is the disconnection between supply and demand.