1、 Price trend of lithium hydroxide
(Figure: P value curve of lithium hydroxide products)
| ferric sulfate (Poly ferric sulphate) |
2、 Market analysis
This week, the market of industrial grade lithium hydroxide was stable. The average price of domestic industrial grade lithium hydroxide enterprises was 54666.67 yuan / ton as of July 17, which was flat compared with the beginning of the week, decreased by 1.80% compared with June 17, and decreased by 4.09% on a three-month cycle. At present, the spot transaction of lithium hydroxide is limited, the price has no obvious fluctuation, the orders of large factories are stable, and the shipment of some enterprises is not good.
In June 2020, the output of lithium hydroxide from major manufacturers in China was around 8.28 million tons, up 9.67% month on month and 3.72% lower than the same period last year.
| Benzalkonium chloride |
Upstream lithium carbonate, lithium carbonate price stable operation, the market continues to wait and see. As of July 16, the average price of industrial grade lithium carbonate in East China was 39300 yuan / ton, which was flat compared with the beginning of the week, down 0.35% compared with July 1; on July 16, the average price of battery grade lithium carbonate in East China was 44700 yuan / ton, which was flat compared with the beginning of the week and increased by 1.13% compared with July 1. Recently, the price of lithium carbonate has been running smoothly, but I feel that the market is willing to support the price, but the manufacturers are still in a strong wait-and-see mood. It is expected that the price of lithium carbonate will remain stable in the short term, and the downstream bargaining power is still in place.
3、 Future forecast
In the near future, lithium hydroxide Market is expected to be stable in the face of lithium hydrogen oxide Market, which will support the short-term operation of lithium hydroxide Market.
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