[hot stocks] Lithium battery continues to be active Lithium hexafluorophosphate to become a "hero" Polyfluorodo and other 4 shares of God-given materials rose by more than 7%.

In the morning trading on June 3, lithium battery concept stocks continued to be active. In terms of individual stocks, lithium hexafluorophosphate-related companies led the rise. By the close of midday, four stocks, including Polyfluoroduo, Jiangsu Cathay Pacific, and Ke Liyuan, rose by the daily limit. Stocks, including Tianci Materials, Tianhua Super Clean and other stocks, rose more than 7%.

News this morning, some institutions said that now with the development of the new energy vehicle industry, drive lithium battery market demand to grow substantially. Lithium hexafluorophosphate, as the core raw material of electrolyte, is the key to the production of lithium battery, and its inventory is at the lowest level in the same period in the past three years. Considering the good production and sales data of downstream new energy vehicles, the tight supply and demand pattern of lithium hexafluorophosphate may continue.

SMM previous research shows that there is an obvious imbalance between supply and demand of lithium hexafluorophosphate. As a dangerous chemical raw material, its production and expansion are strictly regulated by local governments. The cycle of environmental assessment is extremely long, and the cycle of production expansion is generally more than 1.5 years. Therefore, when the supply and demand imbalance caused by the current outbreak of demand, capacity can not be rapidly expanded in the short term, and the closed production line can not be quickly resumed. And the hoarding and preparation behavior of some manufacturers has also further aggravated the shortage of supply in the market, resulting in a simultaneous rise in volume and price.

Up to now, a number of enterprises have raised their quotations for lithium hexafluorophosphate, and even according to relevant data, since the beginning of 2021, the quotation of domestic lithium hexafluorophosphate has risen from 110000 yuan / ton to 270000 yuan / ton, an increase of more than 145%, a four-year high. But even so, lithium hexafluorophosphate enterprises headed by polyfluoroduo and Skyline shares are still in a state of full production and sales, and the popularity of lithium hexafluorophosphate can be seen.

The power battery leader, which made history as the first company with a market capitalization of more than one trillion yuan on the gem, also locked in the supply of electrolyte and the price of lithium hexafluorophosphate at the end of May by means of long orders and advance payments. for a while, it also triggered a carnival of the lithium battery plate.

Guoxin Securities believes that the tight supply and demand situation of lithium hexafluorophosphate in 2021 is expected to continue throughout the year, with gross profit per ton rising from a low of 4000 yuan to the current 50, 000 yuan, with greater profit flexibility.

Guotai Junan pointed out that according to incomplete statistics, the total global production capacity of lithium hexafluorophosphate is about 56000 tons. Among them, Divine material, Polyfluoroduo and Tianji shares have a total production capacity of more than 30,000 tons, accounting for 55%. Considering that the construction cycle of enterprise production expansion is generally about 1.5 years, there is less new production capacity in the short term. From the perspective of the pace of enterprise production expansion, the new production capacity in 2021 is mainly concentrated in two leading enterprises: divine-sent materials and polyfluoroduo. As industry leaders, the two enterprises have strong pricing power, and their new production capacity is basically concentrated in the second half of the year.