echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > Chemical Technology > In 2016, the high growth of new energy vehicles promoted the price of lithium carbonate to rise steadily

    In 2016, the high growth of new energy vehicles promoted the price of lithium carbonate to rise steadily

    • Last Update: 2022-11-20
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    According to analysis, due to the strong growth of new energy vehicles on the demand side and the slow progress of new production capacity on the supply side, there will still be a shortage of 12,600 tons of lithium carbonate in 2016, and it is expected that the average price of battery-grade lithium carbonate throughout the year is expected to reach 150,000 yuan / ton
    .

    In 2016, the demand side of new energy vehicles is still expected to maintain a high growth of nearly 70%, the global lithium carbonate demand increment is still expected to be more than 30,000 tons, while the supply side of the new production capacity is expected to be only 47,700 tons, the slow release of supply leads to the shortage of lithium carbonate will continue, and promote the price of battery-grade lithium carbonate in 2016
    .

    Analysts believe that the new production capacity of lithium carbonate is more likely to meet expectations, supply and demand will continue to be in a tight balance pattern, and the expansion of the lithium battery industry in the industry has increased, and the demand for lithium carbonate has risen steadily, and it is expected that the price will still be dominated by the upward trend in the later period
    .

    According to analysis, due to the strong growth of new energy vehicles on the demand side and the slow progress of new production capacity on the supply side, there will still be a shortage of 12,600 tons of lithium carbonate in 2016, and it is expected that the average price of battery-grade lithium carbonate throughout the year is expected to reach 150,000 yuan / ton
    .

    Lithium carbonate

    In 2016, the demand side of new energy vehicles is still expected to maintain a high growth of nearly 70%, the global lithium carbonate demand increment is still expected to be more than 30,000 tons, while the supply side of the new production capacity is expected to be only 47,700 tons, the slow release of supply leads to the shortage of lithium carbonate will continue, and promote the price of battery-grade lithium carbonate in 2016
    .

    Analysts believe that the new production capacity of lithium carbonate is more likely to meet expectations, supply and demand will continue to be in a tight balance pattern, and the expansion of the lithium battery industry in the industry has increased, and the demand for lithium carbonate has risen steadily, and it is expected that the price will still be dominated by the upward trend in the later period
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.