1、 Price trend of lithium hydroxide
| Azodicarbonamide (AC foaming Agent) |
(Figure: P value curve of lithium hydroxide products)
2、 Market analysis
In recent years, the market of industrial grade lithium hydroxide has maintained stable operation without obvious change. As of October 28, the average price of domestic industrial grade lithium hydroxide enterprises was 54666.67 yuan / ton, which was flat compared with last Tuesday, and fell by 4.09% year-on-year in a half year cycle, according to the data of business club’s bulk list. At present, the demand for industrial grade lithium hydroxide is stable, and there is no obvious fluctuation in the market. On October 27, the commodity index of lithium hydroxide was 130.16, unchanged with yesterday, 65.88% lower than the highest point of 381.48 (2016-09-12) and 30.16% higher than the lowest point of 100.00 on September 04, 2014. (Note: period refers to 2014-09-01 to now)
According to customs statistics, in September 2020, China’s import volume of lithium hydroxide was 5.66 tons, the import amount of that month was about 60000 US dollars, and the average import price of that month was 11292.73 US dollars / ton. According to customs statistics, China’s export volume of lithium hydroxide in September 2020 was 5150.64 tons, the export amount of that month was about 43.65 million US dollars, and the average export price of that month was 8475.48 US dollars / ton.
Upstream lithium carbonate, in October, the overall market price of lithium carbonate in East China was in a stable state, and the quoted prices of enterprises were mostly stable. As of October 28, the average price of industrial grade lithium carbonate in East China was 39500 yuan / ton, which remained stable compared with the average price at the beginning of the month (the average price of industrial carbon in East China was 39500 yuan / ton on October 1). On October 28, the average price of battery grade lithium carbonate in East China was 44200 yuan / ton, which remained stable compared with the average price at the beginning of the month (October 1: the average price of carbon in East China was 44200 yuan / ton). This month, the comprehensive price of industrial grade lithium carbonate is 36000-40000 yuan / ton, and the comprehensive price of battery grade lithium carbonate is between 40000-45000 yuan / ton.
3、 Future forecast
Lithium hydroxide analysts from the business club believe that the upstream lithium carbonate market has a stable trend in the near future, and there is no obvious fluctuation in the superimposed demand side. It is expected that the industrial grade lithium hydroxide Market will be stable in the short term, and more attention should be paid to the market information guidance.
| Melamine |