According to the bulk list data of business cooperatives, as of September 20, the average price of domestic industrial lithium hydroxide enterprises was 481666.66 yuan/ton, which was the same as that of last Wednesday (September 14), 1.40% higher than that of August 20, and 1.76% higher than that of last three months.

Recently (9.14-9.20), the domestic industrial lithium hydroxide market is stable. Recently, the upstream lithium carbonate price has been running at a high level, which provides strong support for the lithium hydroxide market. Large factories give priority to long-term delivery of orders. The spot supply of the market is still tight, and the downstream inquiry enthusiasm is good. With multiple supports, the lithium hydroxide market negotiation focus is running at a high level.

The upstream lithium carbonate market has risen since September. According to the data monitoring of the business community, the reference price of lithium carbonate was 494000.00 on September 19, an increase of 2.28% compared with September 1 (483000.00).

The lithium hydroxide analysts of the business community believe that the upstream lithium carbonate has obvious support at present, the supply side is tight, the demand side is active, and the market atmosphere is good. It is expected that in the short term, the domestic industrial lithium hydroxide market price will be strong, and more attention should be paid to the market news guidance.