The lithium price assumption of 200,000 yuan has returned: Energy storage is expected to push supply and demand into a deficit by 2026.

UBS Group has recently raised its forecast for the spot average price of lithium carbonate in China to RMB 200,000 per ton by 2026 and expects it may reach a near-term high of RMB 250,000. The core driver behind this price adjustment is the year-on-year growth of up to 60% in demand for energy storage batteries, while Zimbabwe's export ban has further tightened supply. UBS Group has significantly increased its earnings forecast for industry leaders, which now exceeds market consensus by 56% to 211%.

wallstreetcnMay 8 13:27

Hong Kong-listed lithium stocks fell collectively as lithium carbonate futures hit a four-year high, with the market focusing on rumors of price manipulation and Goldman Sachs' bearish outlook.

Goldman Sachs holds a conservative stance on the upward pricing trend of lithium carbonate.

Zhitong FinanceMay 8 10:44

Stock Concept Tracker | Significant Increase in Spot Prices of Lithium Carbonate Boosts Earnings Elasticity for Leading Lithium Mining Companies (with Related Stocks)

UBS Group has stated that the upcycle in the lithium industry is returning, significantly raising the target price for lithium carbonate to USD 41,875 per ton (approximately RMB 298,000 per ton), implying an anticipated surge of nearly 50%.

Zhitong FinanceMay 7 07:29

Ganfeng Lithium (01772.HK) received an increase of 175,600 H-share shares from Van Eck Associates Corporation, valued at approximately HKD 14.8031 million.

According to a report on May 6, a document disclosed by the Hong Kong Stock Exchange on May 6 indicated that Van Eck Associates Corporation increased its position in Ganfeng Lithium (01772.HK) by 175,600 H-shares at an average price of 84.3 Hong Kong dollars per share on May 4, with a total value of approximately 14.8031 million Hong Kong dollars. After the increase, Van Eck Associates Corporation's total number of shares held reached 24.2044 million, and its long position ratio rose from 4.97% to 5.01%. Image Source: HKEX Equity Disclosure.

Futu NewsMay 6 17:08

The market is expected to continue its upward momentum with fluctuations after the holiday, focusing on rotation opportunities in popular sectors such as semiconductors and lithium batteries.

Track the entire lifecycle of the mainline sector.

cls.cnMay 6 09:22

Goldman Sachs: The future lithium cycle will be demand-driven, with carbonate lithium prices expected to peak in the first half of this year.

A Goldman Sachs research report indicates that the limited availability of greenfield investment projects in the short term suggests constrained long-term supply elasticity for lithium. Consequently, the trajectory of future lithium cycles will primarily depend on the strength of demand. For the lithium market to sustain an upward cycle from 2026 to 2027, both energy storage systems (ESS) and electric vehicles (EVs) will need to achieve significant growth. The firm's base-case scenario anticipates the benchmark price for lithium carbonate to peak in the first half of this year at RMB 164,000 per tonne (approximately USD 21,000), before retreating to a range of USD 10,100 to USD 16,000 per tonne of lithium carbonate equivalent (LCE) from the second half of this year through 2028. On the demand side, the firm's data shows that in the first half of this year...

AASTOCKSMay 4 17:37