According to the bulk list data of business society, as of March 25, the average price of domestic industrial lithium hydroxide enterprises was 478666.66 yuan / ton, up 4.06% compared with Monday’s price, 13.97% compared with February 25, and 137.36% year-on-year in a three-month cycle.
| Thiourea |
Lithium hydroxide market rose this week. Recently, the price of spodumene in the upstream is high, the cost pressure still exists, some units are overhauled, the downstream procurement is active, the market demand is rising steadily, the supply and demand pattern is tight, the market is supported, the low price intention of cargo holders is not strong, and the negotiation focus of lithium hydroxide Market is rising.
Upstream lithium carbonate, according to the data monitoring of business society: the price of industrial grade and battery grade lithium carbonate in the first quarter is still in a significantly higher range, with a price increase of about 80% in three months. On March 25, the reference price of lithium carbonate was 480000.00, an increase of 6.76% compared with March 1 (449600.00).
Lithium hydroxide analysts of business society believe that at present, the price of raw materials is high, the cost side is still supported, and the spot supply and demand in the market is in tight balance. It is expected that the domestic lithium hydroxide market may be strong in the short term.
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