1、 Price trend of lithium hydroxide

(Figure: P value curve of lithium hydroxide products)

2、 Market analysis

On November 25, the market of industrial grade lithium hydroxide stabilized temporarily. As of November 25, the average price of domestic industrial grade lithium hydroxide enterprises was 54666.67 yuan / ton, which was flat compared with the previous trading day, flat with October 25, and decreased by 1.80% on a half year cycle. In the near future, the price of upstream lithium carbonate has risen, the cost support has risen, the domestic demand side has not improved significantly, the spot transaction is limited, and the market is running smoothly.

At present, the external quotation of industrial grade lithium hydroxide of Shanghai Yulun industry is 53000 yuan / ton, and that of Zigong tongfarong industrial is 53000 yuan / ton. The specific transaction price is discussed in a single way. On November 24, the commodity index of lithium hydroxide 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)

According to the price monitoring of the upstream lithium carbonate, the price of lithium carbonate in East China began to show a steady upward trend in November, until the end of the month, the price increase was significantly enhanced. The comprehensive price of lithium carbonate battery is in the comprehensive price of RMB 85000-80000 tons.

3、 Future forecast

Lithium hydroxide analysts from the business club believe that the price of lithium carbonate in the upstream has risen in the near future, the cost support is obvious, and the downstream demand is poor. It is expected that the industrial grade lithium hydroxide Market will be stable in the short term, and more attention should be paid to the market information guidance.