According to the bulk list data of business cooperatives, the average price of domestic industrial lithium hydroxide enterprises was 563333.31 yuan/ton as of December 14, down 2.31% compared with the price on Friday (December 9).
| Thiourea |
Recently, the domestic industrial lithium hydroxide market declined. At present, the lithium hydroxide market is dominated by long-term transactions, the downstream purchase intention of the spot market is weak, and the overall market turnover is light. In addition, due to the weak trend of lithium carbonate in the upstream, the quotation of lithium hydroxide enterprises is lowered.
The upstream lithium carbonate, according to the data monitoring of the business community: on December 13, the reference price of lithium carbonate industrial grade was 552000.00, a decrease of 3.33% compared with December 1 (571000.00).
The lithium hydroxide analysts of the business community believe that the current cost support is limited, the supply side is temporarily stable, the enthusiasm for receiving goods at high prices in the downstream is reduced, and the market is cautious. It is expected that in the short term, the domestic lithium hydroxide market will be mainly stable and weak, and more attention should be paid to the impact of upstream lithium carbonate prices.
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