Analysis of Duofuduo (002407.SZ) Trending Reasons: Driven by Surge in Lithium Hexafluorophosphate Prices

Duofuduo (002407.SZ), as a global fluorochemical leader, covers three business segments: inorganic fluorides, electronic chemicals, and lithium battery materials. Its core product lithium hexafluorophosphate is a key raw material for new energy batteries [0]. Recently, this stock made it to the hot list, with the main driving factors including:

1. Significant Product Price Increase
   : The price of lithium hexafluorophosphate soared from a low of 49,800 yuan/ton in July 2025 to nearly 130,000 yuan/ton in November, with a 150% increase over 4 months [1][2], directly boosting the company’s profitability expectations.
2. Sustained Tight Supply-Demand Pattern
   : Industry inventory dropped to a consumption level of only 1.5 months, and the 12-18 month capacity construction cycle leads to insufficient short-term supply elasticity [0]; meanwhile, energy storage battery shipments in the first three quarters increased by nearly 100% year-on-year, and new energy vehicle sales grew by 34.55% driving power battery installations up 42.52%, with strong demand continuing [0].

From a cross-industry chain perspective, the price rise of lithium hexafluorophosphate not only reflects the recovery of new energy industry prosperity but also highlights the bargaining power of upstream material enterprises in the chain [2]. As an industry leader, Duofuduo fully benefits from the upward price cycle due to its capacity concentration advantage [0].

: Short-term high prices are expected to support the company’s Q4 and Q1 2026 performance; the long-term expansion trend of the new energy industry chain brings sustained demand [0].
: Need to watch for price correction risks caused by new capacity release and intensified industry competition; additionally, market adjustments may affect short-term stock price performance [3][4].

Duofuduo’s trending performance stems from the skyrocketing lithium hexafluorophosphate price and industry supply-demand mismatch. Investors can focus on its capacity utilization rate, product price trends, and downstream demand changes to evaluate long-term investment value [0][1].