China's Li-ion battery industry chain experiences rise on market in 2017

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May 15, 2017, 20:31 ET

LONDON, May 15, 2017 /PRNewswire/ -- The Li-ion battery industry chain will be the main topic of this newsletter. The report includes breaking news from China and abroad, the latest market data (price, import & export, production, consumption, operating rates, etc.), in-depth analysis of market trends, Chinese government policy, performance of Chinese producers, M&A, new technology, and expert commentary from industry insiders.

Here is the Editor's Note for you to know about the Feb. issue specifically:

· In Feb. 2017, the quotations of Li-ion battery cells were raised, impacted by the increased prices of ternary materials and LCO. However, the overall operating rate stayed comparatively low, due to the decreased subsidy for AEV.

· Cathode materials: LFP manufacturers resumed production in succession, however at small production scale, due to the market uncertainties. The price, accordingly, impacted by sluggish demand, decreased by USD729.33/t (RMB5,000/t) over the end of 2016.

· Anode materials: the price maintained stability. However, some manufacturers were pressured by the downstream cell manufacturers who asked for price reductions.

· Separator: the market price declined slightly, to USD0.51-0.73/m2 for dry process separator, USD0.66-0.80/m2 for wet process and USD0.88-1.17/m2 for the imported.

· In 2017, the demand for wet process separator is expected to reach 700 million m2, for which the domestic manufacturers will actively promote the development and production, given the still reliance on imports.

· Electrolyte: the price was stable, and the downstream users started stocking up. In 2017, its target market is still the power battery business, with the energy storage sector to grow rapidly.

Headlines

· Impacted by factors including policies and power battery project promotion, the prices of Li-ion battery raw materials have been raised to various degrees and seem to keep increasing in 2017.

· Around the spring vacation, quite a number of power battery relevant listed companies publicized their performance preannouncements of 2016 with enormous growth in profits.

· In Feb. 2017, Veken Jinghua announced to invest USD131.86 million (RMB904 million) to acquire shares of 3 companies for its Li-ion battery business expansion.

· In Feb. 2017, Narada revealed that it would again invest and acquire a 9% stake of Zhixiang Hongyuan. Once the transaction is completed, the former will hold 35% of shares of the latter and become its largest shareholder.

· In Feb., 2017, Zhongyeda revealed that its subsidiary and sub-subsidiary would establish a joint venture and invested USD51.05 million (RMB350 million) to buy shares from Microvast Power.

· In Feb. 2016, the USGS publicized its statistics of 8 major lithium ore producing countries of 2016 in the world, with China ranking fourth.

· In Feb. 2017, Chengdu Tianqi, a wholly-owned subsidiary of Tianqi Lithium set up Tianqi Kunyu with Kunyu Lithium for the business of lithium.

· With the successful operation of existing lithium carbonate projects and the higher quality demand for lithium carbonate by downstream customers, the lithium carbonate industry in 2017 exhibits gradual structural differentiation, and that the strong gets stronger is still the mainstream.

· On 18 Feb., 2017, Far East SE, a subsidiary of Far East, declared that the company would establish a EV joint venture with Detroit and YXETIZ to develop internationalised EVs.

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