1、 Price trend of lithium hydroxide:

(Figure: P value curve of lithium hydroxide product source: Commodity analysis system of Business Association)

2、 Market analysis:

On January 14, the market of lithium hydroxide mainly maintained stable operation, and the quotation of some enterprises was slightly reduced. On the 14th, the average price of domestic industrial lithium hydroxide enterprises was 57000 yuan / ton, down 1.16% compared with that on the 13th. In a half year cycle, it fell 31.60% year on year. On January 14, the lithium hydroxide commodity index was 135.71, down 1.59 points compared with that on January 13, down 64.43% compared with the highest point 381.48 (2016-09-12), and up 35.71% compared with the lowest point 100.00 on September 4, 2014. (Note: cycle refers to 2014-09-01 to now) on January 14, the external quotation of industrial grade lithium hydroxide of Shanghai Yulun Industrial Co., Ltd. was 58000 yuan / ton, that of Shanghai Eugene Industrial Co., Ltd. was 58000 yuan / ton, and that of Zigong tongfarong industrial grade lithium hydroxide was 55000 yuan / ton. The specific transaction price will be discussed in a single way. 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, the average price of industrial lithium carbonate in East China on January 14 was 43200 yuan / ton, and the average price of battery lithium carbonate in East China was 50600 yuan / ton. During the Spring Festival, lithium carbonate production enterprises began to enter the stage of shutdown and maintenance gradually, and the inventory level may be eased, but the price decline will slow down due to the decrease of demand. It is predicted that the price of lithium carbonate will hardly improve by this year.

Industry: according to the price monitoring of the business agency, there are 9 kinds of commodities in the list of rise and fall of bulk commodity prices on January 14, 2020, among which the top three commodities are acetone (4.08%), R22 (1.87%) and polyformaldehyde (1.86%). There are 14 kinds of commodities with a decline in the month on month, and the top three products are propane (- 2.50%), ammonium chloride (- 1.56%) and mixed xylene (- 1.22%). The 14 day average rose or fell by 0.01%.

3、 Future forecast:

According to analysts of lithium hydroxide of business club, it is expected that in the short term, the domestic market of lithium hydroxide will be dominated by weak market stable operation.