Stable operation of lithium hydroxide market this week (4.19-4.25)

1、 Price trend of lithium hydroxide

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(Figure: p-value curve of lithium hydroxide product)

2、 Market analysis

According to the data of the business club’s block list, as of April 25, the average price of domestic industrial lithium hydroxide enterprises was 80333.33 yuan / ton, which was flat compared with the beginning of the week, up 7.11% compared with April 1 and 7.11% compared with March 25. This week, the domestic industrial grade lithium hydroxide Market maintained a stable operation trend, and the enterprises mainly delivered early orders.

According to customs statistics, in March 2021, China’s lithium hydroxide import volume was 361.5 tons, the import amount of the month was about US $2.45 million, and the average import price of the month was US $6766.73/ton. According to customs statistics, in March 2021, China’s lithium hydroxide export volume was 4769.12 tons, the export amount of that month was about US $10.37 million, and the average export price of that month was US $8465.47/ton.

According to the data monitoring of the business community, the price of lithium carbonate in the upstream is in a stable state recently, and most enterprises have not adjusted their quotations. As of April 23, the average price of industrial grade lithium carbonate in East China was 87000 yuan / ton, which was the same as that at the beginning of the month (the average price of industrial grade lithium carbonate in East China was 87000 yuan / ton on April 1). On April 23, the average price of battery grade lithium carbonate in East China was 90600 yuan / ton, which was the same as that at the beginning of the month (the average price of carbon in East China was 90600 yuan / ton on April 1).

According to the price monitoring of the business community, in the list of commodity prices in the 16th week of 2021 (4.19-4.23), there were 41 kinds of commodities in the chemical industry sector that rose month on month, of which 9 kinds of commodities increased by more than 5%, accounting for 9.8% of the number of commodities monitored in the sector; Crude benzene (9.90%), hydrobenzene (7.63%) and styrene (5.57%) were the top three commodities. There were 17 kinds of commodities that declined on a month on month basis, and one commodity with a decline of more than 5%, accounting for 1.1% of the number of commodities monitored in the sector; The top three products were DMF (- 9.01%), dichloromethane (- 3.89%) and TDI (- 3.47%). The average rise and fall this week was 0.72%.

3、 Future forecast

According to the lithium hydroxide analysts of business club, the current cost side has some support, and the market atmosphere is acceptable. It is expected that the domestic industrial lithium hydroxide Market will be stable in the short term, and the specific trend needs to pay more attention to the market information guidance.

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