Lithium Ion Battery:

 

Operating rate of battery companies was far below expectations. For example, CATL and Guoxuan will delay the start of construction to the 17th, while BYD is still waiting for the government's approval to start production; some companies such as Lishen have stated that they can not fully produce normally and mainly resume small quantities. For battery companies, due to strict administrative measures, once confirmed cases will be severely held accountable after the start of construction, the production end appears extremely cautious, and battery production is expected to be seriously affected throughout February. At present, the ternary power battery module is 0.8 yuan  wh, and LFP power battery module is 0.65 yuan/ wh, excluding tax.

 

Cathode material:

 

NCM: Many companies have failed to perform as expected. In terms of market transactions, prices have not changed much from 2019

 

NCM Precursors: This week's prices have rebounded from the previous year. The mainstream 5 series precursors are mostly quoted at more than 80,000 / ton, mainly driven by the rise in prices of raw materials such as cobalt sulfate. However, according to some precursor companies, overseas orders have had little impact and exports have performed better.

 

LFP: Most LFP enterprises were not affected by the epidemic and could not start construction. Some enterprises did not stop during the Spring Festival, and production could be carried out normally. There is no transaction in the market, and the quotation remains stable.

 

LMO: This week, some companies in the lithium manganate market resumed work, but the actual operating rate was relatively low. The overall market sentiment is weak.

 

Lithium salt: The price of lithium salt was slightly increased due to the impact of the increase in the price of Ganfeng lithium hydroxide, the restrictions on logistics, and the low rate of rework. Most enterprises in Jiangxi, Sichuan, Shandong, and Jiangsu indicated that the resumption of work is delayed. Only Qinghai was less affected by the epidemic, production was not interrupted, but logistics were limited, and delivery was difficult. In terms of downstream demand, lithium carbonate demand is limited. Lithium hydroxide is mainly exported, and the demand is relatively less affected by the domestic epidemic, but it is also subject to logistics, and the company's inventory is passively increased.

 

Anode material:

 

Anode market began to resume, but marketing was weankening. In terms of production, most factories will not be able to fully resume normal production until the end of this month; In addition, some OEM enterprises, subject to logistics transportation, shipment is affected. In terms of sales, the actual operating rate was also less than 30%, so the purchase of raw materials is generally, and the current outbreak, the procurement plan made this month may not be able to be implemented. In terms of product price, the current delivery price is basically implemented before the festival. Now, the mainstream price of low-end anode materials in China is 21,000 to 26,000 yuan/ton, the mainstream price of mid-end products is 43,000 to 57,000 yuan/ton, and the mainstream price of high-end products is 70,000 to 90,000 yuan/ton. Overall, production of anode materials is expected to fall about 50% Y-O-Y.

 

Separator

 

Affected by the epidemic, only a few enterprises in China returned to work on October 10 this week, and most of them have not started work, especially those located in areas with severe epidemic. It is reported that some enterprises are still going through the approval process, which is expected to restart after the 17th, and some other enterprises have postponed to the 20th due to the isolation of employees. According to the enterprises that have started production, the recovery situation of the downstream battery factory is not good, and the logistics and transportation are limited. Except for some urgent orders, most of them have no new orders.

 

Electrolyte

 

This week electrolyte overall operating rate is still at a low level, mainstream electrolyte manufacturers generally resume production. In terms of product price, the price of electrolyte in China is generally 31,000 to 41,000 yuan/ton, the price of high-end products is about 70,000 yuan/ton, and the price of low-end products is 21,000 to 25,000 yuan/ton. In terms of raw material market, the price is slightly higher than before the festival. Now, the mainstream price of DMC is about 7000 yuan/ton, the mainstream price of EMC is about 12500 yuan, the mainstream price of DEC is about 12800 yuan, and the mainstream price of EC is about 8500 yuan. Lithium hexafluorophosphate price is stable, now the mainstream quoted about 82,000 yuan/ton, low quoted about 75,000 yuan/ton, high quoted about 110,000 yuan/ton.