The market price of lithium hydroxide rises after the festival

According to the data of the large list of business agencies, as of May 12, the average price of domestic industrial lithium hydroxide enterprises was 86333.33 yuan / ton, up 7.02% compared with the price on May 6, 14.10% higher than April 12, and 51.46% higher than the same period last year.

In April, the domestic industrial lithium hydroxide market rose and stabilized, and entered may. After the festival, the lithium hydroxide market rose steadily. The upstream spodumene was tight price, and the downstream demand was better. The price of the stockholders was firm, and the market price decreased significantly. According to the data monitoring of business agency, the price of lithium hydroxide in some enterprises in recent years is summarized: the external quotation of industrial lithium hydroxide of Shanghai Yulun industrial grade is 92000 yuan / ton; The external quotation of industrial lithium hydroxide of Zigong tongfarong industrial grade is 85000 yuan / ton; Shanghai Eugene industrial lithium hydroxide offers 82000 yuan / ton, battery grade lithium hydroxide is 85000 yuan / ton, and the spot price of the merchant is on the market with the actual transaction price mainly negotiated.

Lithium hydroxide production data: in April 2021, the output of lithium hydroxide, the main manufacturer of the country, was 14100 tons, up 10.16% on a month basis, up 88% year on year.

According to the data of business society, the average price of industrial lithium carbonate in East China was 87000 yuan / ton by May 11, which was 0.46% higher than that of the average price of 86600 yuan / ton in industrial carbon East China on May 1. On May 11, the average price of battery grade lithium carbonate in East China was 90600 yuan / ton, which was 0.67% higher than that of the average price in East China of May 1, 90000 yuan / ton.

Analysts of lithium hydroxide of business agency believe that the current cost end and demand side boost the market. It is expected that the domestic industrial lithium hydroxide Market will be strong in the short term, and more attention should be paid to the market information guidance for specific trends.

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