1、 Price trend of lithium hydroxide
| gamma polyglutamic acid agriculture grade |
(Figure: P value curve of lithium hydroxide products)
2、 Market analysis
On July 29, the market of lithium hydroxide stabilized temporarily. As of July 29, the average price of domestic industrial grade lithium hydroxide enterprises was 54666.67 yuan / ton, which was flat compared with the previous trading day, with a three-month cycle falling by 4.09% year-on-year. At present, the orders of battery grade lithium hydroxide manufacturers are stable, and the market demand of industrial grade lithium hydroxide is relatively stable. On July 28, the commodity index of lithium hydroxide was 130.16, unchanged with yesterday, 65.88% lower than the highest point of 381.48 (2016-09-12) and 30.16% higher than the lowest point of 100.00 on September 04, 2014. (Note: period refers to 2014-09-01 to now)
According to customs statistics, in June 2020, China’s import volume of lithium hydroxide was 109.27 tons, the import amount of that month was about 760000 US dollars, and the average import price of that month was 6914.39 US dollars / ton; in June 2020, China’s export volume of lithium hydroxide was 4350.46 tons, the export amount of that month was about 40.98 million dollars, and the average export price of that month was 9420.3 dollars / ton.
| gamma polyglutamic acid fertiliser(fertilizer) grade |
In July, the price of lithium carbonate in East China showed an upward trend, and the prices of industrial carbon and electric carbon increased to varying degrees. As of July 29, the average price of industrial grade lithium carbonate in East China was 39700 yuan / ton, which was 260 yuan / ton higher than that at the beginning of the month (the average price of industrial carbon in East China was 39440 yuan / ton on July 1), up 0.66%. On July 29, the average price of battery grade lithium carbonate in East China was 44900 yuan / ton, which was 700 yuan / ton higher than that at the beginning of the month (the average price of carbon in East China was 44200 yuan / ton), up 1.58%.
3、 Future forecast
Lithium hydroxide analysts from the business club believe that the price of upstream lithium carbonate has slightly increased, but the rising space is narrowed, the cost support is limited, and the market demand for industrial grade lithium hydroxide is relatively stable. It is expected that the market of industrial grade lithium hydroxide will be stable in the short term.
| Gamma Polyglutamic Acid |