Market price of lithium hydroxide remained stable (1.1-1.13)

1、 Price trend of lithium hydroxide:

 

The average price of domestic industrial grade lithium hydroxide enterprises as of January 13 was 57666.67 yuan / ton, which was the same as that of January 1, according to the data in the bulk list of business associations. In a three-month cycle, it fell 18.40% year-on-year. At present, the mainstream price of industrial lithium hydroxide Market in China is about 55000-60000 yuan / ton.

 

2、 Market analysis:

 

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Product: lithium hydroxide Market is running smoothly in the near future. As the logistics and transportation in the market have been stopped, the downstream raw material reserves have been completed in succession, the market transaction atmosphere is weak, the producers hold a firm price, and the price of lithium hydroxide remains stable. On the 13th, Shanghai Yulun industrial grade lithium hydroxide offered RMB 58000 / T, Shanghai oujin industrial grade lithium hydroxide offered RMB 60000 / T, Zigong tongfarong industrial grade lithium hydroxide offered RMB 55000 / T, with a single price.

 

Industry chain: according to the price monitoring of the business agency, the price of lithium carbonate was still at a low level on January 13, and the prices of industrial lithium carbonate and battery lithium carbonate of some enterprises were still slightly down. On January 13, the average price of industrial grade lithium carbonate in East China was 43200 yuan / ton, and the average price of battery grade lithium carbonate in East China was 50600 yuan / ton. From the observation of market changes, it can be seen that the Spring Festival holiday is coming, the current turnover of lithium carbonate market is limited, and there is no obvious price fluctuation. Before the middle of January, the number of lithium carbonate stock enterprises began to decrease gradually, and the production enterprises basically made low-cost transactions in the form of cash.

 

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Industry: according to the price monitoring of the business agency, there are 11 kinds of commodities in the list of commodity prices rising and falling on January 13, 2020, among which the top three commodities are liquid ammonia (3.44%), ethylene glycol (3.06%) and ethylene (2.40%). There are 8 kinds of commodities in the decline on a ring basis. The products with the first 3 drops are chloroform (-4.76%), hydrogen peroxide (-2.56%) and propylene oxide (-2.03%). The 13 day average rose or fell 0.03%.

 

3、 Future forecast:

 

According to analysts of lithium hydroxide of business association, the upstream lithium carbonate market is still in low volatility, with insufficient support on cost side. Near the Spring Festival, the downstream demand is weakened and the producers hold up their prices. It is expected that the domestic lithium hydroxide Market will maintain stable operation in the short term.

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