1、 Price trend of lithium hydroxide:
(Figure: P value curve of lithium hydroxide product)
2、 Market analysis:
Since June, the domestic industrial lithium hydroxide Market has been in weak and stable operation. The average price of domestic industrial grade lithium hydroxide enterprises as of June 24 was 54666.67 yuan / ton, down 1.80% compared with the beginning of the month and 4.09% compared with April 24, according to the data in the bulk list of business agencies.
At the beginning of May, the orders of large lithium hydroxide plants were relatively stable, the shipments of small and medium-sized enterprises were relatively general, and the focus of market negotiations was temporarily stable. According to the data in the large scale list of business agencies, the average price of industrial lithium hydroxide enterprises was 57000 yuan / ton. With the weak operation of the upstream lithium carbonate market, the cost support was weakened, and the new orders of the market were generally closed. The price of lithium hydroxide was reduced to 55666.67 yuan / ton, 6 In June, the upstream lithium carbonate market continued to bear pressure. The downstream demand was flat, and the cost and demand were double drag. At present, the average price of industrial lithium hydroxide enterprises was 54666.67 yuan / ton, down 5.20% compared with the beginning of the year.
In the near future, the price of lithium carbonate in the upstream is relatively stable. According to the data in the bulk list of business agency, the average price of industrial grade lithium carbonate in East China as of June 23 was 39860 yuan / ton, down 0.85% compared with the beginning of the month and 3.25% compared with May 23; the average price of battery grade lithium carbonate in East China as of June 23 was 44200 yuan / ton, down 2.21% compared with May 23. At present, the market stock is relatively high, the spot transaction situation is weak, and the impact of imported lithium carbonate on the domestic market, it is expected that the market price of lithium carbonate will continue to be under pressure in the short term.
3、 Future forecast:
According to analysts of lithium hydroxide of business association, the recent lithium carbonate market tends to be relatively stable, with limited cost support, and general domestic downstream demand. It is expected that in the short term, the market of industrial lithium hydroxide will be weak and stable.