Domestic industrial lithium hydroxide price weakened (12.15-12.20)

According to the data of the bulk list of business cooperatives, the average price of domestic industrial lithium hydroxide enterprises was 553333.31 yuan/ton as of December 20, down 1.78% from last Thursday (December 15).

 

Thiourea

Recently, the domestic industrial lithium hydroxide market declined. At present, the first tier manufacturers of lithium hydroxide mainly export, the second tier manufacturers mainly supply domestic demand, and the lithium hydroxide market is dominated by long-term transactions. The spot market atmosphere is light. In addition, the recent decline in the upstream lithium carbonate price has weakened the support for lithium hydroxide. The shipment of the holders is under pressure, and the price reduction shipment has increased. The focus of lithium hydroxide market negotiations has declined.

 

The upstream lithium carbonate, according to the data monitoring of the business community: on December 19, the reference price of lithium carbonate industrial grade was 544000.00, a decrease of 4.73% compared with December 1 (571000.00).

 

The lithium hydroxide analysts of the business community believe that the upstream lithium carbonate is currently operating weakly, and the support for lithium hydroxide is insufficient. The supply side is temporarily stable, and the demand side is average. It is expected that the domestic lithium hydroxide market will be stable and weak in the short term. More attention should be paid to the impact of upstream lithium carbonate prices.

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