Recently, the price of lithium cobalt oxide and three element materials as cathode materials for lithium batteries is in a soaring. Only across one month, lithium cobalt oxide price has soared to RMB290 thousand from RMB220 thousand each ton, up RMB70 thousand yuan per ton price increases. Compared to the cobalto-cobaltic oxide and the oxidation of less than 50 thousand each ton increase, the price of lithium cobalt oxide has been out of support of raw materials rose, "playing out of their own flavor".

Just before the cobalt prices surge in less than 3 months, the copper foil market has also ushered in a boom in a month from RMB72 each kg soared to RMB88 each kg. The reason is very simple, the battery market demand, product demand. Fortunately, a number of the battery factory had been shut down in Dec. because the impact of the policy , so that this wave of madness ahead of the end.

In fact, about the cobalt price rise, someone had began to preach in early 2016. Advocating the reason, in large part because with skyrocketing prices: the price of lithium carbonate from RMB50 thousand each ton to RMB170 thousand each ton. Such a huge increase was also caused a lot of controversy, the rise of the monopoly nature of the price led to the dissatisfaction of the positive business, the contradiction between the material enterprises and raw materials companies are also beginning to become irreconcilable. We believe that this happened not only to see the lithium resources scarce people, let everyone aware of the lithium battery industry in the rapid development of speculative space, a large number of access to capital makes some varieties of financial property is stronger, more volatile, which eventually led to this incident Lithium Cobalt Oxide Event.

2016 sales of new energy vehicles in only 500 thousand, lower than expected at the beginning, the growth rate is much lower than the rate of expansion of the material business. On the other hand, state subsidies for new energy vehicles continue to fall, car prices have been affected by the electric car sales prices in the years after. This allows the author to secretly to sweat, the electric car prices after the consumer can buy it? After all, in the case of the gradual saturation of the commercial vehicle market, whether the passenger car market will become the key to the success of the promotion of new energy vehicles in the future. Obviously, EV factories is also well aware of this, used the field force in the battery down the purchase price, the battery enterprises are trying to reduce the price to meet the market demand. In this case, the price of raw materials rose contrarian is obviously the lack of downstream support, that this wave of price surge in the future will be how to end?

The development of the battery industry can not be separated from the upstream and downstream enterprises, but also inseparable from the hard work of practitioners. We call on enterprises to face the law of development of the industry, reasonable pricing, healthy growth, after all, a healthy industry is the long-term survival of the soil.

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