Ganfeng Lithium(01772) in early trading, it rose more than 4%. As of press time, it rose 4.52% to HK $164.1, with a turnover of HK $192 million.
On the face of the news, according to Baichuan Yingfu, with the accelerated layout of the global new energy industry, the demand for lithium reached a new high this year. As a result, the price of lithium salt continues to rise. Especially since August, the rise in the price of lithium salt has accelerated. On August 19th, the average price of battery-grade lithium carbonate exceeded 100000 yuan per ton for the first time this year, and recently maintained a daily increase of 1000-3000 yuan. From the point of view of the market in September, the rising mood of lithium salt prices is obvious, and some mainstream manufacturers continue to be bullish. Under the strong support of superimposed terminal demand, lithium salt prices are expected to continue to rise, with price changes expected to range from 2000 yuan / ton to 5000 yuan / ton. Tianfeng Securities pointed out that the entire lithium salt industry has officially entered a high profit range.
