Day to day discussions on S/P, page-2067

Below is an extract translated from - China Association of Automobile Manufacturers - released data on automobile production and sales in January 2018.

The structure is becoming more and more important: high-quality lithium salt and lithium hydroxide are in better demand. From the structural point of view, 1) downstream power battery customers will further improve the requirements for quality, stability and consistency, which is more conducive to the source of lithium salt leading suppliers with stable source and stable products. 2), the proportion of ternary batteries is increasing, and the demand for lithium hydroxide will be further released. In 2017, the demand for lithium hydroxide from overseas was released. The total export volume of lithium hydroxide in China was 19,400 tons, a substantial increase of 97% year-on-year. In 2018, with the production capacity of domestic ternary high-nickel cathode materials (representative capacity, Ningxia Shanshan's 811 production line, Xiamen Tungsten's 10,000 tons of 811 production line), the demand for lithium hydroxide will also erupt.
Lithium hydroxide supply and demand are tight. In 18 years, the demand for high-nickel ternary materials in China will be gradually released. Especially from the second half of 2018, the demand for lithium hydroxide will break out. Lithium hydroxide may have a shortage of supply and demand. Lithium hydroxide is more supportive than lithium carbonate.

Full article - https://mp.weixin.qq.com/s/9fPHb_6pgU7un6IbDGRLsw