1、 Price trend of lithium hydroxide:

(Figure: P value curve of lithium hydroxide product)

2、 Market analysis:

Product: lithium hydroxide Market is stable in the near future. The overall environment of lithium salt market is sluggish, the market demand for lithium hydroxide has not changed significantly, new orders are limited, and the focus of market negotiation is temporarily stable. The average price of lithium hydroxide as of April 17 was 57000 yuan / ton, which was the same as that of April 1, according to the data in the bulk list of business agencies. At present, the external price of industrial grade lithium hydroxide of Shanghai Yulun Industrial Co., Ltd. is 58000 yuan / ton, and that of industrial grade lithium hydroxide of Zigong tongfarong Industrial Co., Ltd. is 55000 yuan / ton. At present, the mainstream price of industrial lithium hydroxide Market in China is around 55000-58000 yuan / ton.

Industry chain: according to the price monitoring of the business agency, on April 16, the average price of industrial lithium carbonate in East China was 43000 yuan / ton, and the average price of battery lithium carbonate in East China was 48000 yuan / ton. Power terminal consumption recovered slowly, demand was lower than expected, manufacturers’ shipment was under pressure, downstream bargaining power was strong, and the recent lithium carbonate market was weak and stable.

Industry: according to the price monitoring of the business agency, there are 12 kinds of commodities in the rise and fall list of bulk commodity prices on April 16, 2020, among which there are 3 kinds of commodities with an increase rate of more than 5%, accounting for 3.4% of the number of commodities monitored in this sector; the top 3 commodities with an increase rate are crude benzene (15.55%), DOP (6.08%) and acrylic acid (5.80%). There are 10 kinds of commodities falling on a month on month basis, and there are 3 kinds of commodities falling by more than 5%, accounting for 3.4% of the number of commodities monitored in this sector; the top 3 products falling are propane (- 7.34%), propylene oxide (- 6.46%) and polysilicon (- 6.13%). The average rise and fall of this day was 0.05%.

3、 Future forecast:

According to the lithium hydroxide analyst of business club, the upstream lithium carbonate market is in weak operation, and the cost is also weakened in the face of lithium hydroxide support. The demand side is relatively general. It is expected that in the short term, the industrial lithium hydroxide Market will be temporarily consolidated, and more attention should be paid to the cost and downstream demand.