1、 Price trend of lithium hydroxide
(Figure: p-value curve of lithium hydroxide product)
2、 Market analysis
As of March 14, the average price of domestic industrial grade lithium hydroxide enterprises was 68000 yuan / ton, up 2% compared with the beginning of the week, 18.60% compared with February 14, and 30.77% year-on-year in a three-month cycle, according to the data from the business club’s block list.
The market of industrial lithium hydroxide rose this week. Spot market is relatively tight, downstream enterprises actively inquire, low price shipping intention is not strong, price center of gravity moves up.
Output data of lithium hydroxide: in February 2021, the output of lithium hydroxide of major manufacturers in China was 11300 tons, up 2.73% on a month on month basis and 253.13% on a year-on-year basis.
Upstream lithium carbonate, the market price of lithium carbonate in East China rose slightly this week. According to the price monitoring of the business community, as of March 12, the average price of industrial grade lithium carbonate in East China was 84600 yuan / ton, which was 1.20% higher than that at the beginning of the week (March 8, the average price of industrial grade lithium carbonate in East China was 83600 yuan / ton). On March 12, the average price of battery grade lithium carbonate in East China was 89400 yuan / ton, which increased by 0.90% compared with the average price of 88600 yuan / ton in East China at the beginning of March.
According to the price monitoring of the business community, in the list of commodity prices in the 10th week of 2021 (3.8-3.12), there were 49 kinds of commodities in the chemical industry sector that rose month on month, among which 9 kinds of commodities increased by more than 5%, accounting for 9.8% of the number of commodities monitored in the sector; the top 3 commodities were chloroform (18.73%), calcium carbide (12.07%) and aniline (9.12%). There were 15 kinds of commodities that declined on a month on month basis, and 1 kind of commodities with a decline of more than 5%, accounting for 1.1% of the number of commodities monitored in the sector; the top three products with a decline were ethylene glycol (- 7.49%), styrene (- 4.85%) and ox (- 4.62%). The average rise and fall this week was 1.2%.
3、 Future forecast
Analysts of lithium hydroxide from business news agency believe that the recent cost support is strong, and the market is very strong under the tight spot supply. It is expected that in the short term, the domestic industrial lithium hydroxide market may rise steadily, and the specific trend needs to pay more attention to the market information guidance.
| Thiourea |