In early April, the overall price of LiFePO4 increased by 4.17%

According to the data monitored by the business society, as of April 20, the average price of domestic power grade lithium iron phosphate was 50000.00 yuan / ton, increased by 5.26% compared with the same period last month, increased by 4.17% compared with the beginning of April, and the overall increase in April reached 2000 yuan / ton.

 

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Increasing installed capacity of lithium iron phosphate

 

From 2015 to 2019, the production and sales scale of new energy vehicles in China will increase from more than 300000 to more than 1.2 million. In 2021, the installed capacity of lithium iron phosphate power battery in China will reach 41.8gwh, and the share of lithium iron phosphate in the power battery market will be between 40% and 50%. The sales volume of hot new energy vehicles will continue to increase. From 2021 to 2023, it will maintain a steady growth, and the heat will not be reduced, according to Cui Weifang, Secretary General of the passenger Federation According to Dongshu statistics, the wholesale sales volume of new energy passenger vehicles from July to September all hit a record high in the same period, and lithium iron phosphate is favored by more and more new energy vehicle enterprises.

 

Product specifications and quotation (ten thousand yuan / ton) date

Lithium iron phosphate ﹣ power ﹣ 4.8-5.2 ﹣ April 20

Lithium iron phosphate ﹣ energy storage ﹣ 4.2-4.6 ﹣ April 20

Lithium carbonate ﹣ industrial grade ﹣ 8.1-8.5 April 20

Lithium carbonate battery grade 8.8-9.2 April 20

Advantages of LiFePO4 battery

 

At a higher temperature, the ternary cathode materials begin to release oxygen and heat, which seriously affects the safety of the battery. The heat release temperature and degree of LiFePO4 are significantly better than those of ternary materials. With the maturity of research and development technology, LiFePO4 battery has the advantages of low cost, high safety and price compared with ternary materials. The heat of new energy vehicles continues to rise, The market share of LiFePO4 battery is expected to increase again as the industry competition intensifies and leading enterprises speed up production expansion.

 

The lithium carbonate in the upstream is rising steadily

 

From the second half of 2020 to March 2021, the market price of lithium carbonate continued to heat up. In April, the market price of lithium carbonate was slightly stable, slightly upward, with relatively small fluctuation. Most enterprises quoted basically the same price as the previous period, and the situation of short supply has been significantly improved. Lithium carbonate index: April 19 The lithium acetate commodity index was 221.66, unchanged from yesterday, down 45.28% from 405.10 (2018-01-07), the highest point in the cycle, and up 124.94% from 98.54, the lowest point on October 16, 2014. (Note: period refers to 2011-09-01 to now).

 

Business community LiFePO4 analysts believe that: in the short term, the price of LiFePO4 will maintain a stable trend and the supply and demand will be balanced. (to get more information about goods and to grasp the price of commodities, welcome to subscribe to the business community through the official account of the business community, the market is the opportunity).

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