I. Lithium hydroxide price trend:
According to the data monitoring of business association lithium hydroxide, the price of lithium hydroxide is running smoothly. At present, the mainstream price of domestic industrial lithium hydroxide is between 85000 and 95000 yuan/ton.
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II. Market analysis:
Product: Lithium hydroxide Market is stable. At present, Shanghai Yulun industrial grade lithium hydroxide is quoted at 88000 yuan/ton, Zigong Tongfarong industrial grade lithium hydroxide is quoted at 90000 yuan/ton, and Shanghai Oujin industrial grade lithium hydroxide is quoted at 85000 yuan/ton. The specific price is one-sided.
Industry: In 2019, there are many projects for production of lithium hydroxide in China, but when the demand is not as good as expected, manufacturers can only focus on overseas markets. It is expected that the export volume will double compared with 2018. Japan and South Korea are still major exporters.
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Industry chain: upstream lithium carbonate domestic market weak consolidation, low-end focus of negotiations, strong willingness to ship factories.
3. Future market forecast:
According to business associations, the domestic industrial lithium hydroxide Market in the short term will be mainly stable.
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