Monthly Report | ICCsino February LIB Material Data released: The Off-season Impact is Limited

In February, the lithium-ion battery industrial chain was affected by the Spring Festival holiday and the off-season of the traditional automobile market, and the output of most lithium-ion battery material production enterprises declined to a certain extent. In accordance with the production arrangements of downstream battery manufacturers, the production lines of most of the battery materials companies remained in operation during the Spring Festival, so the overall impact was relatively limited.

 

In terms of price, the lithium salt market is still strong, and the price rising rates of cathode materials and precursor products ranked top.

 

According to ICCsino Database, the total output of the four major cathode materials in China in February was 106,200 tons, an increase of 68.8% year-on-year and a decrease of 8.9% month-on-month. Among them, the output of NCM & NCA materials was 39,100 tons, an increase of 54.3% year-on-year, down 6.5% month-on-month; the output of LFP (lithium iron phosphate) was 55,200 tons, an increase of 141.1% year-on-year, down 6.6% month-on-month; LCO (lithium cobalt oxide) production was 0.60 million tons, down 20.2% month-on-month; LMO (lithium manganate) production was 0.58 million tons, down 28.1% month-on-month.

 

The increase of 6 series single crystal materials this month is obvious, up 13.1% month-on-month; the proportion of high nickel materials continues to increase slightly, reaching 40.8%. Limited by the continuous tight supply of lithium carbonate, it is difficult to increase the NCM & NCA material of the medium and low nickel models. It is understood that in March, the downstream head battery factory has the operation of moving forward the order demand, and the overall recovery of the follow-up NCM & NCA material is obvious, and the high nickel production is expected to continue to increase, while the recent market fluctuations in nickel still need attention.

 

According to ICCsino Database, the domestic anode material production reached 80,000 tons in February, an increase of 93.3% year-on-year and 2.6% month-on-month.

 

According to ICCsino Database, domestic electrolyte production in February was 49,000 tons, an increase of 96.8% year-on-year and a decrease of 5.5% month-on-month.

 

According to ICCsino Database, the total output of domestic separators in February was 794 million square meters, an increase of 61.4% year-on-year, of which the output of wet separators reached 636 million square meters, an increase of 76.2% year-on-year, down 8.5% month-on-month; the output of wet separators was 158 million square meters, an increase of 20.6% year-on-year, and a decrease of 9.2% month-on-month.

 

According to ICCsino Database, the domestic NCM & NCA precursor production in February was 55,400 tons, an increase of 43.2% year-on-year and a decrease of 1.0% month-on-month.

 

Copper Foil:

According to ICCsino Database, the domestic battery-grade copper foil production in February was 21,200 tons, an increase of 138.5% year-on-year and a decrease of 2.6% month-on-month.

 

 

According to ICCsino Database, the domestic battery-grade aluminum foil production in February was 14,000 tons, an increase of 70.1% year-on-year and a decline of 6.9% month-on-month.