The market of lithium hydroxide was stable in early September

1、 Price trend of lithium hydroxide

 

Melamine

(Figure: P value curve of lithium hydroxide products)

 

2、 Market analysis

 

In early September, the market of lithium hydroxide was stable. As of September 10, the average price of domestic industrial grade lithium hydroxide enterprises was 54666.67 yuan / ton, which was flat compared with September 1, and fell by 4.09% year-on-year in a half year cycle. Large scale lithium hydroxide factory shipment stability, other small and medium-sized enterprises transaction situation is more general, the market stable operation.

 

According to customs statistics, in July 2020, China’s import volume of lithium hydroxide was 3.20 tons, the import amount of that month was about 60000 US dollars, and the average import price of that month was 18797.13 dollars / ton; in July 2020, China’s export volume of lithium hydroxide was 3698.45 tons, the export amount of that month was about 35.86 million dollars, and the average export price of that month was 9696.21 dollars / ton.

 

Azodicarbonamide (AC foaming Agent)

The upstream lithium carbonate, according to the business agency data monitoring: on September 10, the overall price of lithium carbonate slightly decreased, while the price quoted by enterprises rose and fell. On September 10, the average price of industrial grade lithium carbonate in East China was 38900 yuan / ton, which was 2.75% lower than that at the beginning of the week (the average price of industrial grade lithium carbonate in East China was 40000 yuan / ton on September 7), and the average price of battery grade lithium carbonate in East China on September 10 was 43900 yuan / ton, which was 2.23% lower than that at the beginning of the week (the average price of battery grade lithium carbonate in East China was 44900 yuan / ton on September 7). On the 10th, the mainstream quotation of industrial grade lithium carbonate market was around 35000-40000 yuan / ton, and that of battery grade lithium carbonate was around 40000-45000 yuan / ton.

 

3、 Future forecast

 

Business Club lithium hydroxide analysts believe that the market demand for lithium hydroxide is gradually recovering, and it is expected that the industrial grade lithium hydroxide Market will be stable in the short term.

EDTA