Recently, many international automobile giants have accelerated their entry into the domestic automotive power battery industry, setting off a new round of joint venture climax in the automotive industry. Copper foil is one of the indispensable key materials for the production of power lithium batteries. As new energy vehicles enter another round of rapid upward phase, Lithium copper foil It will also enter a new business cycle.

China's demand for lithium battery copper foil will increase from 92000 tons in 2019 to 276000 tons in 2025, with a compound annual growth rate of about 21%. At the same time, with the high energy density and the increased recognition of Ningde Times as a leading enterprise representing lithium batteries, lithium battery copper foil, especially power lithium battery copper foil, will develop in the direction of 6 microns and below in the future, and the market share of extremely thin copper foil is expected to increase significantly.

According to the first-hand information about lithium battery copper foil brought by the research of the new team of Anxin Power, it is said that the relevant manufacturers are full, and the daily routine operation of the downstream is: Expediting! Expedite! Expedite!

1. Current situation: the supply is tight and the price is soaring. Now we are talking about quantity instead of price.

After the middle of October, the lithium battery capacity of domestic copper foil factories was fully released, and the original inventory was exhausted within three months. Expediting is now a mainstream operation of battery manufacturers.

At the end of December, the price will probably be adjusted again. It is no problem to increase the price, but it is a matter of how much. Now mainstream customers generally only talk about quantity, not price.

2. Why is the actual supply more tight?

The supply shortage here is mainly 6m and 4.5m copper foil. Because the threshold is high+the utilization rate is low. From the downstream, they are worried about the 6m supply, but the demand increase has been very rapid.

The expansion cycle of copper foil is very long. Without 2-3 years of construction and running in, it will not be formed. There will be little new capacity to be released in 2021.

The problem of copper foil production enterprises is that the availability rate is too low. Take the currently hot blade battery as an example. It has a width of more than 900, and its utilization rate is only about 70%. Therefore, after the supply is reduced by an invisible part, the supply of this piece from the production side will really cause a big problem.

Under this background, we expect that the explosive growth of the domestic new energy vehicle industry will drive the rapid development of the lithium battery industry. As one of the important parts in the lithium battery, copper foil will also grow rapidly with the development of the lithium battery industry in the future.