Shortages of PVDF for Lithium Battery Unlikely Improve, Prices Will Secure Strong Support

Published: Sep 8, 2021 16:17

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As the downstream new energy market has remained hectic, producers have operated at full capacity. Quotes for R142b have risen from 20,000 yuan/mt at the beginning of the year to 70,000 yuan/mt.

SHANGHAI, Sep 8 (SMM) - As the downstream new energy market has remained hectic, producers have operated at full capacity. Quotes for R142b have risen from 20,000 yuan/mt at the beginning of the year to 70,000 yuan/mt.

The period of PVDF expansion is generally more than 2 years And expansion plans at most companies are still under planning or awaiting approval. So the growth rate of capacity cannot meet the growth of downstream demand.

SMM believes that the tight supply of PVDF used in lithium batteries will last until the second half of next year, which will be strong support for the industry's prosperity and PVDF prices.

new energy PVDF Lithium Battery

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