According to the bulk list data of Business News Agency, as of March 21, the average price of domestic industrial grade lithium hydroxide enterprises was 386250.00 yuan/ton, a decrease of 6.08% compared to last Thursday (March 16).
| sulphamic acid |
Recently, the domestic industrial grade lithium hydroxide market continues to operate weakly. Recently, the price of upstream lithium carbonate has been falling constantly, and the support for cost has weakened. Under the mentality of downstream enterprises buying up or not, the market purchasing atmosphere is depressed, and there is a strong cautious wait-and-see attitude. Currently, the actual transaction in the market is not good, and the quotation in the lithium hydroxide market has declined.
Upstream lithium carbonate: According to data monitoring by Business News Agency, the recent downward trend in the prices of industrial and battery grade lithium carbonate has continued to expand. On March 20, the reference price for lithium carbonate – industrial grade was 292600.00, a decrease of 23.52% compared to March 1 (382600.00).
Lithium hydroxide analysts from Business News believe that upstream lithium carbonate is currently in a downturn, downstream demand is weak, and the market trading atmosphere is weak. It is expected that the lithium hydroxide market may continue to operate weakly in the short term.
| http://www.sulfamic-acid.com |