Monthly Lithium Market Report May 2023
2023-06-12 22:11:25 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
Contents
1. Market Highlights 3
2. Economy and Policy 3
2.1 Chinese Economy and Policy 3
3. Market Movements 3
3.1 Chinese market 3
3.1.1 Lithium carbonate 99%min delivered D/P 3
3.1.2 Lithium carbonate 99.5%min delivered D/A 3
3.1.3 Lithium hydroxide 56.5%min delivered D/P 3
3.1.4 Lithium hydroxide 56.5%min, magnetic 0.0001%max delivered D/A 3
3.1.5 Lithium chloride 99.3%min delivered D/A 4
3.1.6 Lithium metal 99%min delivered D/A 4
3.1.7 Lithium metal 99.9%min delivered D/A 4
3.1.8 LCO Co 60%min delivered D/A 4
3.1.9 LNCMO 523 delivered D/A 4
3.1.10 LNCMO 622 delivered D/A 5
3.1.11 LMO 58%min delivered D/A 5
3.1.12 LFP Li 3.9%min delivered D/A 5
3.2 International market 5
3.2.2 Lithium carbonate 99.5%min CIF China 5
3.2.3 Lithium carbonate 99.5%min delivered EU 5
3.2.4 Lithium carbonate 99.5%min delivered U.S. 6
3.2.5 Lithium carbonate 99.5%min FOB South America 6
3.2.6 Lithium hydroxide monohydrate 56.5%min, magnetic 0.0001%max FOB China 6
3.2.7 Lithium hydroxide monohydrate 56.5%min, magnetic 0.0001%max delivered South Korea 6
4. Company new 6
4.1 Tangshan Xinfeng decreases industrial grade lithium carbonate output 6
4.2 GAC Group's NEV sales up by 64.62% YoY in Q1 6
4.3 Yahua Group to build joint venture in Morocco 6
4.4 Sangrui New Material to build 60,000tpy cathode material project in Hunan 7
4.5 SAIC Motor reports 26% decline YoY in NEV sales in Q1 7
4.6 Tesla to build first overseas Megapack energy storage factory in Shanghai 7
4.7 Jiangsu Xiangying's LNCMO output reduces 7
4.8 Yancheng Jinhui commences construction of 200ktpy battery electrolyte project 7
4.9 Dazhong Mining gets control right of Chenzhou Chengtai at RMB17 million 7
4.10 Ganfeng Lithium's lithium product output reaches 97,000t lithium carbonate equivalent in 2022 7
4.11 Tianqi Lithium to invest RMB3 billion in building battery grade lithium hydroxide production base 7
4.12 Ganfeng Lithium to invest RMB2.5 billion in new energy lithium battery production and R&D project 7
4.13 EVE Energy to purchase land to build lithium battery plant in Malaysia 7
4.14 Sinomine Resource: crushing system of Bikita lithium mine goes into pilot operation 8
4.15 XTC New Energy to build cathode material and precursor projects in France 8
4.16 Dazhi Technology's second new energy battery line begins operation 8
4.17 Hunan Meite's LCO output to move up 8
4.18 Changyuan Lico to invest RMB10 billion in cathode material production base project 8
4.19 Jinyuan Group plans to produce 3300-3500t of lithium carbonate in 2023 8
4.20 Tianqi Lithium aims to reach lithium chemicals production capacity of 300Ktpy of lithium carbonate equivalents by 2027 8
4.21 BMW Brilliance Automotive launches building of 6th generation power battery project 8
4.22 Zangge Mining achieves normal sales for lithium carbonate stocks left in Q1 8
4.23 Lopal's LFP sales up by 71.53% MOM in Apr 9
4.24 China Kings Resources completes commissioning of 1Mtpa lepidolite tailing beneficiation plant 9
4.25 Pylontech to build first overseas energy-storage plant 9
4.26 Tengyuan Cobalt completes trial production of 13.5ktpy cobalt product production lines 9
4.27 Great Power to build 36GWhpy energy storage project 9
4.28 Tibet Mining announces 2023 production guidance for chromite and lithium concentrate 9
4.29 Binhai Energy to acquire 100% stake in Xiangfu New Energy 9
4.30 Sunresin signs aluminum series lithium adsorbent material sales contract of RMB100 million 9
4.31 COSMX to build power battery project in Sichuan 9
4.32 Energy New Materials' subsidiary to supply Li-battery diaphragm products to PPES 9
4.33 REPT inks new 10GWh energy storage battery order 10
4.34 Jinyuan Group's lithium project in Argentina enters substantive exploration stage 10
4.35 Huizhou SPEED to invest 983 million yuan in construction of automotive business headquarters project 10
4.36 Zongshen Power to acquire 60% shares of Dongguan Lithium Smart at RMB324 million 10
4.37 Hunan Youchun's LFP output to decrease 10
4.38 Miracle Automation's 50ktpy LFP recycling project expected to see products in early Jun 10
4.39 Canmax Technologies extends lithium projects with RMB1 billion 10
5 Producers Statistics 10
5.1 Lithium carbonate 99%min 10
5.1.1 Chinese industrial grade lithium carbonate producers' operating rate in May 2023 climbs by 17.22% MoM 10
5.1.2 China's industrial grade lithium carbonate output in May 2023 up by 17.21% MoM 11
5.1.3 Chinese industrial grade lithium carbonate producers' stocks in May declines by 45.69% MoM 11
5.2 Lithium carbonate 99.5%min 11
5.2.1 Chinese battery grade lithium carbonate producers' operating rate in May 2023 down by 3.35% MoM 11
5.2.2 China's battery grade lithium carbonate output in May 2023 slides by 3.15% MoM 12
5.2.3 China's battery grade lithium carbonate stocks in May 2023 down by 10.38% MoM 12
5.3 Lithium hydroxide 13
5.3.1 Chinese lithium hydroxide monohydrate producers' operating rate in May 2023 down by 8.73% MOM 13
5.3.2 China's lithium hydroxide monohydrate output in May 2023 up by 3.56% MOM 13
5.3.3 Chinese lithium hydroxide monohydrate producers' stocks in May 2023 level off MoM 14
5.4 LCO 14
5.4.1 Chinese LCO producers' operating rate in May 2023 up by 11.32% MoM 14
5.4.2 China's LCO output in May 2023 climbs by 11.31% MoM 14
5.4.3 China's LCO stocks in May 2023 up by 3.09% MOM 15
5.5 LNCMO 15
5.5.1 Chinese LNCMO producers' operating rate in May 2023 down by 6.09% MoM 15
5.5.2 China's LNCMO output in May 2023 down by 3.37% MoM 15
5.5.3 China's LNCMO inventory in May 2023 up by 3.66% MoM 16
6. Customs Statistics 16
6.1 China's lithium carbonate imports in April down by 35.09% MOM 16
6.2 China's lithium carbonate exports in April 2023 up by 6.41% MOM 17
6.3 China's lithium hydroxide exports in April 2023 down by 1.4% MOM 17
7 Relevant Industry News 17
7.1 3C electronics market 17
7.2 Battery industry 18
8. Market Outlook for Next Month 18
8.1 Chinese market 18
8.1.1 Delivered prices for lithium carbonate 99%min 18
8.1.2 Delivered prices for lithium carbonate 99.5%min 18
8.1.3 Delivered prices for lithium hydroxide 56.5%min 18
8.1.4 Delivered prices for lithium hydroxide 56.5%min, magnetic 0.0001%max 18
8.1.5 Delivered prices for lithium chloride 99.3%min 18
8.1.6 Delivered prices for lithium metal 99%min 18
8.1.7 Delivered prices for lithium metal 99.9%min 18
8.1.8 Delivered prices for LCO Co 60%min 18
8.1.9 Delivered prices for LNCMO 523 18
8.1.10 Delivered prices for LNCMO 622 18
8.1.11 Delivered prices for LMO 58%min 18
8.1.12 Delivered prices for LFP 3.9%min 18
8.2 International market 18
8.2.1 Spodumene 6%min CIF China prices 18
8.2.2 Lithium carbonate 99.5%min CIF China prices 18
8.2.3 Lithium carbonate 99.5%min delivered Europe prices 18
8.2.4 Lithium carbonate 99.5%min delivered U.S. prices 18
8.2.5 Lithium carbonate 99.5%min FOB South America prices 18
8.2.6 FOB China prices for lithium hydroxide monohydrate 56.5%min, magnetic 0.0001%max 18
8.2.7 Delivered South Korea prices for lithium hydroxide monohydrate 56.5%min, magnetic 0.0001%max 18
1. Market Highlights 3
2. Economy and Policy 3
2.1 Chinese Economy and Policy 3
3. Market Movements 3
3.1 Chinese market 3
3.1.1 Lithium carbonate 99%min delivered D/P 3
3.1.2 Lithium carbonate 99.5%min delivered D/A 3
3.1.3 Lithium hydroxide 56.5%min delivered D/P 3
3.1.4 Lithium hydroxide 56.5%min, magnetic 0.0001%max delivered D/A 3
3.1.5 Lithium chloride 99.3%min delivered D/A 4
3.1.6 Lithium metal 99%min delivered D/A 4
3.1.7 Lithium metal 99.9%min delivered D/A 4
3.1.8 LCO Co 60%min delivered D/A 4
3.1.9 LNCMO 523 delivered D/A 4
3.1.10 LNCMO 622 delivered D/A 5
3.1.11 LMO 58%min delivered D/A 5
3.1.12 LFP Li 3.9%min delivered D/A 5
3.2 International market 5
3.2.2 Lithium carbonate 99.5%min CIF China 5
3.2.3 Lithium carbonate 99.5%min delivered EU 5
3.2.4 Lithium carbonate 99.5%min delivered U.S. 6
3.2.5 Lithium carbonate 99.5%min FOB South America 6
3.2.6 Lithium hydroxide monohydrate 56.5%min, magnetic 0.0001%max FOB China 6
3.2.7 Lithium hydroxide monohydrate 56.5%min, magnetic 0.0001%max delivered South Korea 6
4. Company new 6
4.1 Tangshan Xinfeng decreases industrial grade lithium carbonate output 6
4.2 GAC Group's NEV sales up by 64.62% YoY in Q1 6
4.3 Yahua Group to build joint venture in Morocco 6
4.4 Sangrui New Material to build 60,000tpy cathode material project in Hunan 7
4.5 SAIC Motor reports 26% decline YoY in NEV sales in Q1 7
4.6 Tesla to build first overseas Megapack energy storage factory in Shanghai 7
4.7 Jiangsu Xiangying's LNCMO output reduces 7
4.8 Yancheng Jinhui commences construction of 200ktpy battery electrolyte project 7
4.9 Dazhong Mining gets control right of Chenzhou Chengtai at RMB17 million 7
4.10 Ganfeng Lithium's lithium product output reaches 97,000t lithium carbonate equivalent in 2022 7
4.11 Tianqi Lithium to invest RMB3 billion in building battery grade lithium hydroxide production base 7
4.12 Ganfeng Lithium to invest RMB2.5 billion in new energy lithium battery production and R&D project 7
4.13 EVE Energy to purchase land to build lithium battery plant in Malaysia 7
4.14 Sinomine Resource: crushing system of Bikita lithium mine goes into pilot operation 8
4.15 XTC New Energy to build cathode material and precursor projects in France 8
4.16 Dazhi Technology's second new energy battery line begins operation 8
4.17 Hunan Meite's LCO output to move up 8
4.18 Changyuan Lico to invest RMB10 billion in cathode material production base project 8
4.19 Jinyuan Group plans to produce 3300-3500t of lithium carbonate in 2023 8
4.20 Tianqi Lithium aims to reach lithium chemicals production capacity of 300Ktpy of lithium carbonate equivalents by 2027 8
4.21 BMW Brilliance Automotive launches building of 6th generation power battery project 8
4.22 Zangge Mining achieves normal sales for lithium carbonate stocks left in Q1 8
4.23 Lopal's LFP sales up by 71.53% MOM in Apr 9
4.24 China Kings Resources completes commissioning of 1Mtpa lepidolite tailing beneficiation plant 9
4.25 Pylontech to build first overseas energy-storage plant 9
4.26 Tengyuan Cobalt completes trial production of 13.5ktpy cobalt product production lines 9
4.27 Great Power to build 36GWhpy energy storage project 9
4.28 Tibet Mining announces 2023 production guidance for chromite and lithium concentrate 9
4.29 Binhai Energy to acquire 100% stake in Xiangfu New Energy 9
4.30 Sunresin signs aluminum series lithium adsorbent material sales contract of RMB100 million 9
4.31 COSMX to build power battery project in Sichuan 9
4.32 Energy New Materials' subsidiary to supply Li-battery diaphragm products to PPES 9
4.33 REPT inks new 10GWh energy storage battery order 10
4.34 Jinyuan Group's lithium project in Argentina enters substantive exploration stage 10
4.35 Huizhou SPEED to invest 983 million yuan in construction of automotive business headquarters project 10
4.36 Zongshen Power to acquire 60% shares of Dongguan Lithium Smart at RMB324 million 10
4.37 Hunan Youchun's LFP output to decrease 10
4.38 Miracle Automation's 50ktpy LFP recycling project expected to see products in early Jun 10
4.39 Canmax Technologies extends lithium projects with RMB1 billion 10
5 Producers Statistics 10
5.1 Lithium carbonate 99%min 10
5.1.1 Chinese industrial grade lithium carbonate producers' operating rate in May 2023 climbs by 17.22% MoM 10
5.1.2 China's industrial grade lithium carbonate output in May 2023 up by 17.21% MoM 11
5.1.3 Chinese industrial grade lithium carbonate producers' stocks in May declines by 45.69% MoM 11
5.2 Lithium carbonate 99.5%min 11
5.2.1 Chinese battery grade lithium carbonate producers' operating rate in May 2023 down by 3.35% MoM 11
5.2.2 China's battery grade lithium carbonate output in May 2023 slides by 3.15% MoM 12
5.2.3 China's battery grade lithium carbonate stocks in May 2023 down by 10.38% MoM 12
5.3 Lithium hydroxide 13
5.3.1 Chinese lithium hydroxide monohydrate producers' operating rate in May 2023 down by 8.73% MOM 13
5.3.2 China's lithium hydroxide monohydrate output in May 2023 up by 3.56% MOM 13
5.3.3 Chinese lithium hydroxide monohydrate producers' stocks in May 2023 level off MoM 14
5.4 LCO 14
5.4.1 Chinese LCO producers' operating rate in May 2023 up by 11.32% MoM 14
5.4.2 China's LCO output in May 2023 climbs by 11.31% MoM 14
5.4.3 China's LCO stocks in May 2023 up by 3.09% MOM 15
5.5 LNCMO 15
5.5.1 Chinese LNCMO producers' operating rate in May 2023 down by 6.09% MoM 15
5.5.2 China's LNCMO output in May 2023 down by 3.37% MoM 15
5.5.3 China's LNCMO inventory in May 2023 up by 3.66% MoM 16
6. Customs Statistics 16
6.1 China's lithium carbonate imports in April down by 35.09% MOM 16
6.2 China's lithium carbonate exports in April 2023 up by 6.41% MOM 17
6.3 China's lithium hydroxide exports in April 2023 down by 1.4% MOM 17
7 Relevant Industry News 17
7.1 3C electronics market 17
7.2 Battery industry 18
8. Market Outlook for Next Month 18
8.1 Chinese market 18
8.1.1 Delivered prices for lithium carbonate 99%min 18
8.1.2 Delivered prices for lithium carbonate 99.5%min 18
8.1.3 Delivered prices for lithium hydroxide 56.5%min 18
8.1.4 Delivered prices for lithium hydroxide 56.5%min, magnetic 0.0001%max 18
8.1.5 Delivered prices for lithium chloride 99.3%min 18
8.1.6 Delivered prices for lithium metal 99%min 18
8.1.7 Delivered prices for lithium metal 99.9%min 18
8.1.8 Delivered prices for LCO Co 60%min 18
8.1.9 Delivered prices for LNCMO 523 18
8.1.10 Delivered prices for LNCMO 622 18
8.1.11 Delivered prices for LMO 58%min 18
8.1.12 Delivered prices for LFP 3.9%min 18
8.2 International market 18
8.2.1 Spodumene 6%min CIF China prices 18
8.2.2 Lithium carbonate 99.5%min CIF China prices 18
8.2.3 Lithium carbonate 99.5%min delivered Europe prices 18
8.2.4 Lithium carbonate 99.5%min delivered U.S. prices 18
8.2.5 Lithium carbonate 99.5%min FOB South America prices 18
8.2.6 FOB China prices for lithium hydroxide monohydrate 56.5%min, magnetic 0.0001%max 18
8.2.7 Delivered South Korea prices for lithium hydroxide monohydrate 56.5%min, magnetic 0.0001%max 18
