1、 Price trend of lithium hydroxide
(Figure: p-value curve of lithium hydroxide product)
2、 Market analysis
The market of industrial lithium hydroxide rose this week. As of January 8, the average price of domestic industrial grade lithium hydroxide enterprises was 53000 yuan / ton, up 0.63% compared with the beginning of the week and 1.92% compared with December 8, according to the data of business news agency’s block list.
This week, the domestic industrial grade lithium hydroxide rose. Affected by the rise of lithium carbonate in the upstream, it boosted the lithium hydroxide Market. The demand in the downstream increased, accelerated the consumption of low price inventory in the market, and the market rose steadily. At present, the external quotation of Shanghai Yulun industrial grade lithium hydroxide is 53000 yuan / ton; Zigong tongfarong industrial grade lithium hydroxide is 53000 yuan / ton; Shanghai oujin industrial grade lithium hydroxide is 53000 yuan / ton; anhydrous lithium hydroxide is 130000 yuan / ton. The specific transaction price is discussed separately.
Upstream lithium carbonate, lithium carbonate prices continue to rise in the near future. According to the data monitoring of Business News Agency: on January 8, the average price of industrial grade lithium carbonate in East China was 56400 yuan / ton, up 12.80% compared with the beginning of the month. On January 8, the average price of battery grade lithium carbonate in East China was 60800 yuan / ton, up 11.36% compared with the beginning of the month.
According to the price monitoring of the business community, in the list of commodity prices in the 1st week of 2021 (1.4-1.8), there were 27 kinds of commodities in the chemical industry sector that rose month on month, among which 4 kinds of commodities increased by more than 5%, accounting for 4.3% of the number of commodities monitored in the sector; the top 3 commodities were propylene glycol (10.29%), ethylene (5.98%) and propane (5.47%). There were 32 kinds of commodities with a month on month decrease, and 4 kinds of commodities with a decrease of more than 5%, accounting for 4.3% of the number of commodities monitored in this sector; the top 3 products with a decrease were acetone (- 13.28%), n-butanol (industrial grade) (- 10.78%) and isopropanol (- 8.47%). This week, the average rise and fall was – 0.34%.
3、 Future forecast
According to the lithium hydroxide analysts of business news agency, the market atmosphere is acceptable due to the recent rise in upstream prices, strengthened cost support, and increased downstream demand. It is expected that the domestic industrial lithium hydroxide market may rise steadily in the short term, and more attention should be paid to market information guidance.
| sulphamic acid |