Industry

  • As of March 12, the average domestic market price of battery-grade lithium carbonate in China was US$12846/ton(83,500 yuan per ton), an increase of US$923/ton in one week, and the spot price in four months has doubled. This round of lithium carbonate price increase is mainly caused by the imbalance between supply and demand. From the perspective of supply, tight ore resources are also one of the main factors leading to the increase in lithium prices this time. From the beginning of 2021 to the present, the overall supply and demand gap is about 20% to 25%.
  • In late February, the current mainstream 32-inch, 43-inch, 55-inch and 65-inch LCD TV panel prices have increased by 119%, 81%, 84%, and 46% respectively compared to May 2020. Industry researchers said that this round of panel price increases are expected to last at least until the first half of 2021, and prices throughout the year are expected to remain at a relatively high level. Some color TV companies have also rapidly raised the retail prices of their products. According to data from Aowei Cloud Network, the average price of color TVs also increased in January, with an average offline price of 4573 yuan, a year-on-year increase of 22.3%.
  • On March 13, Bitcoin touched the $60,000 mark for the first time in its history, rising by about 6% in 24 hours. Compared with the low point in March 2020 (about 4000 US dollars), the cumulative increase is about 1400%.