I. Lithium hydroxide price trend:
According to the data from the business associations’lists, the market price of lithium hydroxide dropped by 5.00% on Thursday (July 11) and 9.00% on June 18 as of July 18. Today, the mainstream price of lithium hydroxide in China is 74000-82000 yuan/ton.
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II. Market analysis:
Products: Lithium hydroxide market price down. At present, Shanghai Yulun industrial grade lithium hydroxide is quoted at 8,200 yuan/ton, Zigong Tongfarong industrial grade lithium hydroxide is quoted at 74,000 yuan/ton, and Shanghai Oujin industrial grade lithium hydroxide is quoted at 81,500 yuan/ton. The specific price is one-sided.
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Industry chain: upstream lithium carbonate negotiations focus on the low end, the market demand is weak, the lack of obvious good support, inventory gradually increased, manufacturers’willingness to ship obvious, downstream users just need to purchase.
3. Future market forecast:
According to business associations, the domestic industrial lithium hydroxide Market in the short term will be mainly stable.
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