1、 Price trend of lithium hydroxide

(Figure: p-value curve of lithium hydroxide product)

2、 Market analysis

The average price of domestic industrial grade lithium hydroxide enterprises was 57000 yuan / ton as of January 25, up 5.56% compared with last Monday (January 18) and 9.62% compared with December 25, according to the data of business news agency’s block list.

Recently, the domestic industrial grade lithium hydroxide rose, the price of upstream lithium carbonate rose sharply, and the tight spot supply in the domestic market played a supporting role in the price. The downstream market demand was stable, and the market of lithium hydroxide rose steadily. At present, the quotation of Shanghai Yulun industrial grade lithium hydroxide is 58000 yuan / ton; Zigong tongfarong industrial grade lithium hydroxide is 53000 yuan / ton; Shanghai oujin industrial grade lithium hydroxide is 60000 yuan / ton, and the specific transaction price is discussed separately.

The price of lithium carbonate in the upstream continued to rise recently. According to the data monitoring of business news agency, the average price of industrial grade lithium carbonate in East China was 65000 yuan / ton on January 25, up 7.62% compared with last Monday (the average price of industrial grade lithium carbonate in East China was 60400 yuan / ton on January 18). The average price of battery grade lithium carbonate in East China on January 25 was 69700 yuan / ton, up 8.57% compared with last Monday (the average price of battery grade lithium carbonate in East China on January 18 was 64200 yuan / ton).

According to the price monitoring of business community, in the list of commodity prices in the 03 th week of 2021 (1.18-1.22), there were 40 kinds of commodities in the chemical industry sector that rose month on month, among which 10 kinds of commodities increased by more than 5%, accounting for 10.9% of the number of commodities monitored in the sector; the top three commodities were acetic acid (20.00%), bisphenol A (19.74%) and ethyl acetate (19.39%). There were 20 kinds of commodities with a month on month decrease, and 4 kinds of commodities with a decrease of more than 5%, accounting for 4.3% of the number of commodities monitored in the sector. The top 3 products with a decrease were chloroform (- 9.38%), propane (- 6.58%) and propylene oxide (- 6.27%). The average rise and fall this week was 1.25%.

3、 Future forecast

Analysts of lithium hydroxide from business news agency believe that at present, the cost support is strong, the domestic spot supply is tight, and the demand side is stable. It is expected that in the short term, the domestic industrial lithium hydroxide market may rise steadily, and more attention should be paid to the market information guidance.