Institutions claim that a turning point in the supply and demand pattern of lithium batteries is about to emerge, Guocheng Mining hits the limit up

On March 23, lithium mining stocks performed actively, with Guocheng Mining hitting the daily limit and Fulin Precision rising over 10%. A report from Jiangyin International pointed out that the production scheduling in the lithium battery industry chain is recovering, and the demand for the whole year is looking positive. Changcheng Securities expects a significant increase in the bidding capacity for lithium iron phosphate energy storage by 2026. The global installed capacity of power batteries for electric vehicles grew by 10.7% year-on-year, with Chinese companies holding a market share of 73.3%. Morgan Asset Management stated that the turning point in the supply and demand pattern of the lithium battery industry chain is expected to appear in the second half of the year, and the market will realize the strong growth in first-quarter performance