According to the bulk list data of business society, as of January 9, the average price of domestic industrial lithium hydroxide enterprises was 223333.33 yuan / ton, up 3.08% compared with Monday’s price, 29.09% compared with December 1, and 34.27% year-on-year in a three-month cycle.

The market price of industrial lithium hydroxide rose this week. In terms of cost, the price of raw material spodumene is high, the price of lithium carbonate keeps rising, the cost support is strong, and lithium hydroxide actively follows the rise of raw materials; From the supply side, the supply side is relatively stable; From the demand side, the downstream inquiry and procurement are active, the market atmosphere is active, and the lithium hydroxide Market is rising steadily.

Upstream lithium carbonate, according to the data monitoring of business society: after the new year’s Day holiday, the price of industrial and battery grade lithium carbonate kept rising, and the price kept breaking new highs. On January 9, the average price of industrial grade lithium carbonate in East China was 289000 yuan / ton, which was 8.65% higher than that in early Zhou (the average price of industrial grade lithium carbonate in East China was 266000 yuan / ton on January 3). On January 9, the average price of battery grade lithium carbonate in East China was 304000 yuan / ton, which was 7.8% higher than that in early Zhou (the average price of battery grade lithium carbonate in East China was 282000 yuan / ton on January 3).

The lithium hydroxide analyst of business society believes that at present, lithium hydroxide is rising with lithium carbonate. The overall market atmosphere is good and bullish. It is expected that the domestic industrial lithium hydroxide market may rise in the short term.