In 2021, the market price of lithium hydroxide rose again and again, all the way up. According to the bulk list data of business society, the average price of domestic industrial lithium hydroxide enterprises was 52000 yuan / ton on January 1, 2021. As of December 28, the average price of domestic industrial lithium hydroxide enterprises was 2133333.33 yuan / ton, up 310.26% during the year.
It can be seen from the annual comparison chart of business society that the lithium hydroxide market fell weakly in 2020, with an annual increase or decrease of – 9.83%. In 2021, the lithium hydroxide Market was strong and upward, with an annual increase or decrease of 310.26%.
| Melamine |
According to the monthly rise and fall chart of lithium hydroxide from January 2021 to November 2021, there is no monthly decline in lithium hydroxide in 2021. The high market price runs smoothly in October and November, with the largest increase in September, up to 37.09%.
In the first quarter (January March), the price of lithium hydroxide increased by 44.23%. Affected by the rise of upstream lithium carbonate, it has boosted the lithium hydroxide Market, increased downstream demand, accelerated the consumption of low-cost inventory in the field, gradually improved the market supply and demand pattern, and the price rose. With the tight spot supply in the domestic market, the downstream demand is stable, the merchant mentality is strong, and the quotation continues to rise.
In the second quarter (April June), the price of lithium hydroxide increased by 19.56%. In April, the domestic industrial grade lithium hydroxide market rose steadily. After entering may and returning from the festival, the lithium hydroxide market rose steadily. The upstream spodumene goods were tight and the price was high, and the downstream demand performed well. The quotation of the cargo holder was strong, the market low price decreased significantly, and the overall trend was positive. In June, the spot supply in the market was tight, the favorable support on the demand side continued, and the on-site offer continued to be strong and upward.
In the third quarter (July September), the price of lithium hydroxide increased by 85.50%. In July, when some manufacturers stopped for maintenance and the output decreased, the market spot supply tightened, the downstream demand performed better, the export orders increased month on month, the market supply and demand was in tight balance, and the enterprise quotation increased. In August, the upstream spodumene goods were tight and the price rose, the cost pressure was upward, some smelters were still in the maintenance period, the tight spot supply situation continued, and the demand side performed better, The market atmosphere was active, the enterprise offer was high, and it was difficult to find low-cost goods. In September, the lithium hydroxide market continued to rise. The price of spodumene in the upstream was strong, the price of lithium carbonate continued to rise sharply, and the cost support was strong. There were many enterprises alone, and the market supply increased. However, the spot supply of mainstream manufacturers was still limited, the downstream follow-up was positive and stable, and the market fundamentals were good, The supplier has strong intention to support the market, and the price is firm and upward.
In the fourth quarter (October December), the price of lithium hydroxide increased by 28.26% as of December 28. In October, the price of industrial grade lithium hydroxide was stable at a high level, the price of raw materials was strong, the cost pressure remained, and the price was stable under the relative balance between supply and demand. In November, the price was high. In December, the price of raw spodumene was strong, the price of lithium carbonate increased, the cost support was obvious, the market inquiry and procurement atmosphere increased, the driving atmosphere was strong, and the price of lithium hydroxide increased steadily.
Upstream lithium carbonate, lithium carbonate rose strongly in 2021. According to the data monitoring of business agency: as of December 27, the average price of industrial lithium carbonate in East China was 260000 yuan / ton, an increase of 420% compared with the price at the beginning of the year. On December 27, the average price of battery grade lithium carbonate in East China was 273000 yuan / ton, an increase of 400% compared with the price at the beginning of the year.
| Sodium Molybdate |
Data chart of lithium hydroxide output of major manufacturers in China in 2020 and 2021 (unit: 10000 tons)
Import data of lithium hydroxide in 2020 and 2021 (unit: kg)
Lithium hydroxide export data in 2020 and 2021 (unit: kg)
Forecast analysis:
The lithium hydroxide analyst of business society believes that at present, the price of raw materials lithium carbonate and spodumene is tight, the cost side support is strong, the demand is good, supported by multiple factors, and the market bullish atmosphere is strong. It is expected that the domestic lithium hydroxide market may run stronger in the short term.
| http://www.lubonchem.com/ |