1、 Price trend of lithium hydroxide
(p-value curve of lithium hydroxide product)
2、 Market analysis
In March, the domestic industrial grade lithium hydroxide Market was strong and stable after rising. According to the data of the business club’s block list, as of March 31, the average price of domestic industrial lithium hydroxide enterprises was 75000 yuan / ton, up 15.98% compared with March 1, 44.23% year-on-year in a three-month cycle, and 31.58% compared with the same period last year.
In the first half of March, the cost support was strong, the spot supply was tight, the downstream enterprises actively inquired, and the demand side performance was fair, which boosted the mentality of manufacturers. The enterprise’s low price shipping intention was not strong, and the market atmosphere was strong. The average price of the enterprise rose to 75000 yuan / ton. In the second half of March, the enterprise mainly delivered early orders, the downstream demand was relatively stable, and the market of industrial grade lithium hydroxide was high Stable operation.
In March 2021, the market price of lithium carbonate in East China continued to rise steadily. According to the price monitoring of the business community, as of March 31, the average price of industrial grade lithium carbonate in East China was 86800 yuan / ton, which was 11.86% higher than that at the beginning of the month (the average price of industrial grade lithium carbonate in East China was 77600 yuan / ton on March 1). On March 31, the average price of battery grade lithium carbonate in East China was 90400 yuan / ton, which increased by 9.18% compared with the average price at the beginning of March (the average price of carbon in East China was 82800 yuan / ton).
According to the price monitoring of the business community, in the list of commodity prices in March 2021, there were 56 kinds of commodities in the chemical industry sector, among which 33 kinds of commodities increased by more than 5%, accounting for 35.9% of the number of commodities monitored in the sector; the top three commodities were chloroform (23.76%), organosilicon DMC (23.52%) and aniline (21.56%). There were 33 kinds of commodities with a month on month decrease, and 20 kinds of commodities with a decrease of more than 5%, accounting for 21.7% of the number of commodities monitored in this sector; the top three products with a decrease were phthalic anhydride (- 23.34%), n-butanol (industrial grade) (- 23.13%) and isooctanol (- 22.15%). The average rise and fall this month was 2.07%.
3、 Future forecast
Analysts of lithium hydroxide from business news agency believe that in April, the upstream lithium carbonate market is mainly stable, and the demand side is relatively stable. It is expected that in the short term, the domestic industrial lithium hydroxide market may be mainly stable, and the specific trend needs to pay more attention to the market information guidance.