Tight balance between supply and demand, Lithium hydroxide prices rise

According to the data of the bulk list of business agencies, as of July 26, the average price of domestic industrial lithium hydroxide enterprises was 95000 yuan / ton, up 4.78% compared with the price of July 20, 5.95% higher than that on June 26, and 18.26% year-on-year in three months.

Sodium Molybdate

In the early July, the market of lithium hydroxide rose steadily, with an overall increase of 1.12%. In late July, the lithium hydroxide market rose again. In recent years, some manufacturers have been overhauling their equipment, the spot supply in the market is reduced, the downstream demand is increasing, and the market supply and demand continue to be tight, and the market is firm and upward.

Data of lithium hydroxide output: in June 2021, the output of lithium hydroxide, the main manufacturer in China, was 17500 tons, an increase of 13.41% on a month basis.

According to the data of business society, the average price of industrial lithium carbonate in East China was 87000 yuan / ton by July 26, up 0.46% compared with the price at the beginning of the month. On July 26, the average price of battery grade lithium carbonate in East China was 90800 yuan / ton, up 0.44% compared with the price at the beginning of the month.

According to the analysts of lithium hydroxide of business society, in a comprehensive view, the current market supply and demand are tight and balanced, and the cost side is supported. It is expected that in the short term, the domestic industrial lithium hydroxide Market will be mainly strong operation, and the specific trend needs to pay more attention to the market information guidance.


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>