From 100000 yuan per ton in April last year to nearly 500000 yuan per ton at present, the price of PVDF in China has reached new highs, with an annual increase of more than 300% and driving the price of main raw materials to rise by nearly 600%.
In lithium-ion batteries, PVDF is mainly used as cathode material binder, which accounts for 18.8% of the total consumption at present; Another major application in the field of new energy is photovoltaic backplane film. With its excellent weather resistance, it can effectively protect the pet base film in the middle layer of the backplane and improve the service life of the whole module. At present, this part of the application accounts for 10.1% of the total consumption of PVDF. In addition, PVDF is also used as water treatment membrane, accounting for about 13.0%. Many insiders said that since the beginning of 2021, the downstream demand of new energy batteries has exceeded expectations, the supply and demand of lithium grade PVDF and its raw materials are unbalanced, and the price has risen all the way. Although many enterprises have announced plans to expand production, due to the long construction cycle and certification cycle, the supply of products will remain tight in the short term.
According to the theme database of financial Associated Press, among the relevant listed companies:
Lecron Industrial Development Group Co.Ltd(300343) at present, the monthly output of PVDF is more than 200 tons, and the production capacity of phase I is 3000 tons. The company said that the PVDF products produced are ready for sale.
Suzhou Zhongmai, a subsidiary of Xiamen Zhongchuang Environmental Technology Co.Ltd(300056) and the Bureau of Commerce of Huichang County, Jiangxi Province, signed the cooperation framework agreement on the project with an annual output of 10000 tons of PVDF and plans to invest in the construction of the project with an annual output of 10000 tons of PVDF in Huichang county.
