According to the bulk list data of Business News Agency, the average price of domestic industrial lithium hydroxide enterprises was 443333.34 yuan/ton as of February 21, down 2.92% from the price of last Tuesday (February 14).
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In the near future (2.14-2.21), the domestic industrial lithium hydroxide market is weak. Recently, the upstream lithium carbonate price is weak, the support for lithium hydroxide is weak, the supply of lithium hydroxide is sufficient, the demand is flat, the willingness of downstream procurement and stock preparation is not high, the market transaction is limited, the operators’ mentality is insufficient, and the focus of lithium hydroxide market negotiation has declined.
Upstream lithium carbonate, according to the monitoring of the data of the Business News Agency, the price of industrial lithium carbonate is weak recently. On February 20, the reference price of lithium carbonate – industrial grade was 426600.00, down 8.38% from February 1 (465600.00).
The lithium hydroxide analyst of the Business Agency believes that the upstream lithium carbonate is weak at present, and the support for the lithium hydroxide market is not good, and the market transaction atmosphere is weak. It is expected that the lithium hydroxide market will continue to operate in a weak manner for a short time.
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