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.