1、 Price trend of lithium hydroxide
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(Figure: P value curve of lithium hydroxide products)
2、 Market analysis
Recently, the market of lithium hydroxide keeps stable. As of November 17, the average price of domestic industrial grade lithium hydroxide enterprises was 54666.67 yuan / ton, which was the same as last Tuesday (November 10), and fell by 1.80% year-on-year in a half year cycle, according to the data of the business club’s bulk list. In recent years, there are sporadic transactions in the lithium hydroxide Market, the demand is temporarily stable, the overall market is stable, and the price has no obvious fluctuation. At present, the external quotation of industrial grade lithium hydroxide of Shanghai Yulun industry is 53000 yuan / ton, and that of Zigong tongfarong industrial is 53000 yuan / ton. The specific transaction price is discussed in a single way.
Production data of lithium hydroxide: in October 2020, the output of lithium hydroxide of major manufacturers in China was around 9100 tons, with a month on month increase of 4.24% and a year-on-year increase of 65.45%.
Upstream lithium carbonate, lithium carbonate prices showed upward, short-term continued positive. According to the data of the business agency, the average price of industrial grade lithium carbonate in East China on November 16 was 40000 yuan / ton, which was 1.27% higher than that at the beginning of the month (the average price of industrial grade lithium carbonate in East China on November 1 was 39500 yuan / ton). On November 16, the average price of battery grade lithium carbonate in East China was 44600 yuan / ton, which was 0.9% higher than that at the beginning of the month (the average price of battery grade lithium carbonate in East China on November 1 was 44200 yuan / ton).
3、 Future forecast
Lithium hydroxide analysts from the business club believe that the price of lithium carbonate in the upstream is going up in the near future, the cost side support is strengthened, the downstream demand is temporarily stable, and the transaction is limited. 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.
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