Salt Lake Lithium Plate Total Market Value Increased By 240 Billion Yuan in 15 Trading Days.

240 billion yuan! Salt Lake lithium plate 30 stocks of the total market value in the last 15 trading days fully increased so much.

Since the stage bottom on February 8 this year, as of The close on February 28, the overall rebound of the A-share market yanhu lithium plate has exceeded 15%, the total market value of the plate increased from 2.056 trillion yuan to 2.299 trillion yuan, an increase of more than 240 billion yuan.

Other lithium resources are also sought after by funds. Eastern wealth Choice data show that since February, the main capital and leverage capital focus on attracting a number of upstream lithium resources stocks, a total net purchase of more than 20 billion yuan.

"The new energy industry has seen explosive development since the 'dual carbon' target was set. Up to now, no matter in the field of energy storage or new energy vehicles, the development and production of lithium batteries is still the mainstream technology. With the further improvement of the penetration rate of new energy vehicles, the market demand for lithium carbonate as the basic raw material of lithium batteries is increasing." Hundred days Xu asset partner, Xi 'an Jiaotong University finance doctor Ding Bingzhong in an interview with securities Daily said that the secondary market of the stock market for lithium stocks, is based on the expectation of this market demand.

Enterprises with "lithium" have "profit"

Since this year, lithium carbonate prices continue to hit a new high, the market is no wonder. The price of lithium carbonate has risen more than 65% in the last two months, according to public data.

"The explosive growth of the new energy vehicle industry is an important driving force behind the rising price of lithium carbonate." Ding bingzhong said.

Data from the Ministry of Industry and Information Technology show that in 2021, the production and sales volume of China's new energy vehicle industry will reach 3.545 million and 3.521 million respectively, with a year-on-year growth of 1.6 times, ranking first in the world for seven consecutive years.

"In the face of strong demand from the downstream, price increase and production expansion have become the new normal of the development of lithium resource industry." Beijing special billion sun new energy technology Co., Ltd. president Qi Haizhen said in an interview with reporters.

Under the background of "rising raw material prices", mining expansion has become the choice of many enterprises. After the Spring Festival of 2022, yiwei Lithium energy, Ningde Times and other lithium companies have issued announcements on the layout of lithium resources. Lanxiao Technology, the leading company of Lithium extraction in Salt Lake, has also recently signed a supply contract for the adsorption equipment of lithium extraction project in Salt Lake with Xizang Everest, Yiwei Lithium Energy, Jinhai Lithium and other companies.

"The battle for lithium resources around the world is becoming increasingly fierce, and mining and locking has become a must-topic for many large enterprises to show their capital strength." Qi Haizhen said.

碳酸锂价格的上涨和法则ase of market demand have also stimulated the enthusiasm of investors in the secondary market. Eastern wealth Choice data show that since February, the main capital and leverage capital focus on the absorption of a number of upstream lithium resources stocks, a total net purchase of more than 20 billion yuan. Among the top 20 stocks with net buying amount of main capital since February, Ganfeng Lithium's net buying amount of main capital is more than 2.5 billion yuan, ranking the first; Followed by Zijin Mining, since February, the net purchase of major funds has also exceeded 2 billion yuan.

Short-term lithium prices are still easier to rise than fall

But in Qi Haizhen's view, lithium carbonate this phenomenon of continuous price increases does not have long-term and sustainable, the end consumers are not willing to pay for excessive price increases, and even some new energy car companies have appeared losses, began to stop receiving orders.

Xin Guobin, vice minister of industry and Information Technology, said at a press conference of the State Information Office on February 28 that China will speed up the development of lithium resources to meet the production needs of power batteries and crack down on unfair competition such as hoarding and price gouging.

"Most of the profit from lithium-ion battery products has been taken by the upstream segment, and some battery manufacturers' profit margins have been squeezed very badly." Qi Haizhen said that the statement of the Ministry of Industry and Information Technology shows the management's concept of healthy and sustainable development of the new energy industry. It is necessary to promote the national new energy development strategy rationally, orderly and rhythmically, and can not blindly dream of "taking advantage of their achievements and fighting".

"It takes a certain period for new mineral energy to form." In the next two to three years, demand for lithium is expected to remain strong, and listed companies with competitive advantages are expected to continue to attract investors, Ding said.

Guotai Junan also pointed out in the research report, the supply of lithium resources will not increase a lot in the year, lithium spot prices are expected to rise in the short term is difficult to fall.