【基础化工】下游储能需求高景气，锂电材料持续涨价——基础化工行业周报（20251110-20251114）（赵乃迪/胡星月）

Group 1 - The core viewpoint of the article highlights the rapid growth of the energy storage sector, driven by increasing global demand for lithium-ion battery materials, with a significant rise in shipments expected in 2025 [4] - The demand for energy storage cells in China is strong, with leading companies like CATL having orders extending to 2026, indicating a robust market outlook [4] - The lithium battery supply chain is experiencing a surge in demand, with a 1.5% month-on-month increase in battery production, leading to price hikes in upstream materials like lithium hexafluorophosphate and electrolytes [4][5] Group 2 - The price of lithium hexafluorophosphate has seen a substantial increase, reaching 135,000 RMB per ton, a 13.5% rise from the previous week and a 141.1% increase year-on-year, indicating a tight supply-demand balance [5] - The profitability of iron phosphate is expected to recover as demand improves, with the price of iron phosphate currently at 10,500 RMB per ton, although some smaller producers are facing losses [6] - The price of lithium iron phosphate has entered an upward trend, with the market price reaching 38,600 RMB per ton, a 3.9% increase from the previous week and a 13.86% increase year-on-year [7] Group 3 - Prices for electrolytes and their additives, as well as separators, are rising due to structural supply shortages, which is likely to enhance profitability for related companies [8] - The average market price for electrolytes has increased to 30,400 RMB per ton, an 8.6% rise from the previous week and a 63.4% increase year-on-year [8] - The price of electrolyte additive VC surged to 110,000 RMB per ton, reflecting a significant increase of 68% in just one day, driven by strong downstream demand [8]