The battery sector has strengthened, with the battery ETF tracked by CCB rising over 2%. A simultaneous increase in both volume and price in the lithium battery industry chain is expected

The battery sector performed strongly, with the battery ETF tracked by China Construction Bank rising over 2% in the National Index for New Energy Vehicle Batteries. The lithium battery supply chain has seen both volume and price increases due to tightening lithium supply, with lithium carbonate prices steadily recovering and expected to continue rising over the next two years. Dongxing Securities predicts a 30% increase in global lithium battery demand by 2026, while CITIC Construction Investment Securities is optimistic about the industrialization progress in the solid-state battery field, believing that the next 10-15 years will be a strong demand cycle for lithium carbonate. Overall, the allocation value of the battery sector is worth paying attention to