This year the demand of the electrolyte in 80000 tons - 90000 tons, corresponding to six fluoride phosphate lithium demand in 12500; Next year the demand of the electrolyte around 150000 tons, corresponding to six fluoride phosphate lithium demand around 18000 tons.

Lithium battery electrolyte core raw materials six lithium fluoride phosphate (lithium) since October as much as 100% of heavy rise, make the electrolyte manufacturers pressure. Lithium battery electrolyte although prices have edged up, but it is difficult to cover 6 lithium fluoride phosphate costs rose sharply, gross margin decline. China securities journal reporter understands to a line of research, as the old order execution and completion of the new order signed, six lithium fluoride phosphate prices rise quickly under pressure of lithium battery electrolyte is expected to get a price rise in price.

Six lithium fluoride phosphate in upstream raw materials difficult to alleviate cost pressures, under the condition of upstream raw materials, the cost pressure and enhance the ability to resist risk, is becoming a lithium battery industry consensus. Learned, six of the lithium fluoride phosphate expansion cycle for a year and a half, although the major since October 6 lithium fluoride phosphate manufacturers to expand capacity, but in 2016 the six lithium fluoride phosphate new capacity is still very limited, the supply and demand gap will continue to expand, six lithium fluoride phosphate prices will remain strong, the price form the effective support of the electrolyte.

Lithium battery electrolyte of rise in price

In lithium batteries of a discourse has been in a weak position in the big four raw material electrolyte manufacturers will have to conclude in the coming new orders in January when the walk tall, downstream customers clear lithium-ion batteries for higher order price, electrolyte to relieve the pressure brought by the rapidly rising costs.

The stress mainly comes from the electrolyte at the core of the finishing of six lithium fluoride phosphate raw material prices. Earlier this year, the price of six fluorine lithium phosphate was only 85000 yuan/ton, historically low. As new energy cars since this year, especially in the second half of this year‘s explosive growth, power lithium batteries and a surge in demand for upstream raw materials, thereby giving impetus to the six of the main raw materials as the electrolyte of lithium fluoride phosphate rapidly rising prices. Especially since October, six lithium fluoride phosphate prices soared, from October 90000 yuan/tons up to 200000 yuan/tons. On December 14, Yang long even on panorama network interactive platform, said six lithium fluoride phosphate products the latest sales price has more than 260000 yuan/ton.

In addition to the cause of the tension between supply and demand, rapid rise in the upstream raw material price of lithium carbonate on six lithium fluoride phosphate prices also conducted. From the perspective of the cost of six fluoride phosphate lithium, lithium carbonate accounts for about 30% to 40%. That is to say, lithium carbonate every price 10000 yuan/ton, six of the lithium fluoride phosphate production costs will rise 3000 yuan - 3000 yuan/ton. In the first nine months of steadily rising, the price of lithium carbonate since October into linear cyclic period. Business club, according to the latest data on December 22, sichuan bo farce new material technology co., LTD. Lithium carbonate offer, currently industrial-grade quoted price 105000 yuan/ton, the battery level quoted price 120000 yuan/ton, the early rise 10000 yuan per ton, goods price is established, compared with the average price of 55000 yuan/ton at the end of September, up more than 100%.

In the production cost of lithium battery electrolyte, six fluoride phosphate lithium accounted for about 50%. With six lithium fluoride phosphate since October as high as 100%, compared to some electrolyte manufacturers only in late October early November will subject to the electrolyte ex-factory price increases by 20% - 20%, "when we raised ex-factory price of electrolyte also encountered opposition from downstream customers, because it was still on the stage of alternation, some vendors with six lithium fluoride phosphate prices high, some get low prices, we do not match the electrolyte ex-factory price. But now six lithium fluoride phosphate rise has become a fait accompli, downstream customers will accept the reality of the electrolyte increases." A liquid electrolyte, head of the listed company told the China securities journal reporter.

However, this does not relieve six lithium fluoride phosphate price rises for electrolyte pressure brought by the cost of production. China securities journal reporter learned in the process of a line of research, at present a lot of electrolyte vendor‘s gross margin has decreased from 25% to 30% to 10% - 10%, close to break-even line. After fulfilling the orders this year, January‘s new orders further price rises or is inevitable.

It is understood that for downstream customers lithium-ion batteries, as a result of the electrolyte in the lithium battery proportion in the total cost is not big, order a rise in prices is not can‘t accept it. From the perspective of the cost of production of lithium battery, the electrolyte accounted for about 15% of the cost of batteries, 8% to 10% of the whole battery pack. If six lithium fluoride phosphate 100% price increase, prices rise 50%, electrolyte conduction to the cost of the battery pack is only increased by 4% - 5%. Downstream customers are, in fact, the China securities journal reporter learned that, after the end of the order price, to ensure the availability of the electrolyte.

Lithium bottlenecks in the short-term

Subject to the capacity bottleneck, six strong lithium fluoride phosphate prices in the short term is difficult to change, it will also rise in price form a strong support of the electrolyte.

According to the RGL association announced this year‘s new energy automobile production and sales data and next year‘s growth forecasts can be calculated, the demand of the electrolyte in this year 80000 tons - 90000 tons, corresponding to six fluoride phosphate lithium demand around 12500 tons; Next year the demand of the electrolyte around 150000 tons, corresponding to six fluoride phosphate lithium demand around 18000 tons.