Group 1 - Dongyue Group (00189) shares rose over 5%, currently up 4.23% at HKD 10.84, with a trading volume of HKD 78.57 million [1] - As of November 20, the mainstream market price of PVDF increased from CNY 49,000 per ton at the beginning of November to CNY 52,000 per ton [1] - The average market prices for lithium iron phosphate, ternary, and membrane-coated PVDF as of November 20 were CNY 60,000, CNY 119,500, and CNY 182,000 per ton, respectively, showing increases from mid-year lows of CNY 3,500, CNY 0, and CNY 10,000 per ton [1] Group 2 - CICC's research report indicates a significant trend of concentration in the lithium battery materials supply chain, with new effective capacity likely to be concentrated in the expansion and technological upgrades of existing suppliers [1] - Assuming stable production in November and December, CICC estimates that the demand for lithium battery-grade PVDF in China will reach approximately 78,700 tons by 2025, representing a year-on-year growth of 65.4% [1] - If the battery sector maintains the same growth rate in 2026, the demand for lithium battery-grade PVDF is expected to reach 110,000 tons [1] - Strong demand for lithium batteries is anticipated to persist, supporting the price increase of PVDF [1]
东岳集团涨超5% 机构称锂电池强需求有望维持 PVDF涨价有望