The market price of lithium hydroxide is firm

As of May 18, the average price of domestic industrial grade lithium hydroxide enterprises was 86666.67 yuan / ton, up 0.39% compared with last Tuesday (May 11), 7.88% compared with the price at the beginning of the month, and 7.88% compared with April 18, according to the data of business news agency’s block list.

Recently, the overall trend of domestic industrial lithium hydroxide Market is positive, the cost side has a certain support, coupled with the tight spot supply, the demand increment drives the market upward, the enterprise offer is strong, and the focus of market negotiation rises. According to the data monitoring of business news agency, the recent price of lithium hydroxide of some enterprises is summarized as follows: the external quotation of Shanghai Yulun industrial grade lithium hydroxide is 92000 yuan / ton; Zigong tongfarong industrial grade lithium hydroxide quoted price is 85000 yuan / ton; Shanghai oujin industrial quoted 83000 yuan / ton for industrial grade lithium hydroxide and 86000 yuan / ton for battery grade lithium hydroxide. The spot price of the merchants is in line with the market, and the actual transaction price is mainly through negotiation.

According to the data monitoring of business society, the average price of industrial grade lithium carbonate in East China was 87000 yuan / ton as of May 17, which was 0.46% higher than that at the beginning of the month (86600 yuan / ton on May 1). On May 17, the average price of battery grade lithium carbonate in East China was 90800 yuan / ton, which was 0.89% higher than the average price at the beginning of the month (the average price of carbon in East China was 90000 yuan / ton on May 1).

According to the lithium hydroxide analysts of business news agency, in general, the supply and demand of lithium hydroxide Market has strong support in the near future, and the focus of transaction has steadily moved up. It is expected that in the short term, the domestic industrial lithium hydroxide market may be relatively strong, and the specific trend needs to pay more attention to the market information guidance.

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