Who is behind the skyrocketing price of raw materials for lithium carbonate batteries?

No doubt, the global new energy vehicle industry is in a new period of rapid development.The rapid development of new energy vehicles, with the surging market demand for lithium carbonate, is especially on lithium carbonate, the core raw material for the production of lithium battery cathode materials and their electrolytes.

Rising market demand has directly pushed its prices up.Data show that the price of lithium carbonate rose from 40,000 yuan / ton of lithium carbonate to 80,000 yuan / ton from September last year to August this year.However, gradually from August, the price of lithium carbonate has gradually shown a soaring trend, also reaching 200,000 yuan / ton in just three months.Data show that as of December 3,2021, the price of battery-grade lithium carbonate has increased to 210,000 yuan / ton, up 296% from the beginning of the year, hitting a record high.Industry insiders pointed out that the rapid rise of domestic lithium carbonate prices, in addition to is related to the rapid development of the new energy vehicle industry, but also closely related to the high dependence of lithium carbonate and other lithium carbonate on imported lithium mines, which cannot be changed in a short time.And the price rise directly leads to many dealers in the market gradually stock up.Demand exceeds supply has pushed up prices again.

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