1、 Price trend of lithium hydroxide

(Figure: P value curve of lithium hydroxide products)

2、 Market analysis

This week, the market of industrial grade lithium hydroxide stabilized temporarily. As of August 21, the average price of domestic industrial grade lithium hydroxide enterprises was 54666.67 yuan / ton, which was flat compared with the beginning of the week, and fell by 4.09% year-on-year in a half year cycle, according to the data of the business club’s bulk list. At present, battery grade lithium hydroxide is mainly delivered by large factories. The market inquiry of industrial grade lithium hydroxide is general, and the market price is temporarily stable.

The commodity index of lithium hydroxide on August 20 was 130.16, flat with yesterday, 65.88% lower than the highest point of 381.48 (2016-09-12) and 30.16% higher than the lowest point of 100.00 on September 04, 2014. (Note: period refers to 2014-09-01 to now)

The upstream lithium carbonate, according to the business agency data monitoring: Recently, the price of lithium carbonate is still in a relatively stable situation, and the price of industrial grade lithium carbonate has slightly increased. On August 20, the average price of industrial grade lithium carbonate in East China was 40000 yuan / ton, which was 0.25% higher than that at the beginning of the week (the average price of industrial grade lithium carbonate in East China was 39900 yuan / ton on August 17), and the average price of battery grade lithium carbonate in East China on August 20 was 44900 yuan / ton, which was the same as that at the beginning of the week (the average price of battery grade lithium carbonate in East China on August 17 was 44900 yuan / ton). On the 20th, the comprehensive market quotation of industrial grade lithium carbonate was around 35000-45000 yuan / ton, and that of battery grade lithium carbonate was around 40000-48000 yuan / ton.

3、 Future forecast

Lithium hydroxide analysts from the business club believe that the price of upstream lithium carbonate has slightly increased, the cost support is acceptable, and the demand is general. It is expected that the industrial grade lithium hydroxide Market will be stable in the short term.