Multiple factors lead to an increase in the price of used battery recycling

Multiple factors lead Experts believe that the current round of price increases for us battery recycling is due to multiple factors. The tightening of supply and demand is the basic basis for the price increase, the rise in battery raw materials is the source, and speculation is the driving force behind the irrational price increase.

  The continuous surge in upstream raw material prices

Is the most direct and main reason. Multiple factors lead According to data releas by the Electronic Information Department of the Ministry of Industry and Information Technology on April 2, from January to February this year, the output of relat industry email list name  products in the first-order materials link directly us by lithium batteries increas by more than 65% year-on-year; the market price of the second-order materials link indirectly us by lithium batteries has been running at a high level and continu to rise. At the end of February, the prices of products relat to the first-order materials link and the second-order materials link exce 480,000 yuan/ton and 440,000 yuan/ton respectively.

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  If we go back in time

The price increase of battery raw materials is even more alarming. Multiple factors lead According to data from commodity data provider Sino-Foreign Exchange, as cayman islands lists of March 23, the spot price of nickel was 210,000 yuan per ton, up about 66% from the beginning of last year; the spot price of cobalt was 566,000 yuan per ton, up about 108% from the beginning of last year; and the spot price of lithium carbonate was 480,000 yuan per ton, up 860% from the beginning of last year.

  The rapid development of the new energy vehicle industry has also l to a surge

In demand for power batteries, resulting in tight doctors email list supply and demand. According to a report releas by the China Association of Automobile Manufacturers, my country’s sales of new energy vehicles reach 3.52 million in 2021, a year-on-year increase of 1.6 times, and it is pr ict that sales of new energy vehicles will reach 5 million in 2022.

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