The price of lithium hydroxide is still rising, with a year-on-year increase of more than 160%

According to the bulk list data of business society, as of September 8, the average price of domestic industrial lithium hydroxide enterprises was 144666.67 yuan / ton, an increase of 19.23% compared with the price at the beginning of the month, 46.13% compared with August 1 and 164.63% compared with the same period last year.

Recently, the lithium hydroxide Market has been rising all the way. In August, the price of raw spodumene was tight and the price was high. In the early stage, some smelters were in the maintenance period, the output was reduced and the cost support was strong. The demand side performed well, driving the price upward. With the supply picking up, the demand side performed strongly, the export orders continued to increase, the domestic cash supply was still tight, and the market continued to improve, with an increase of 21.89% in August. In September, the lithium hydroxide market continued to rise. At present, the price of upstream spodumene continues to be high, the price of lithium carbonate continues to rise, the cost support is still strong, the number of enterprises is about single, the supply of spot resources is limited, the downstream demand of industrial grade lithium hydroxide is relatively stable, the market willingness to support the price is still strong, the enterprise offer is high, and the lithium hydroxide market operates strongly.

In terms of index, the lithium hydroxide commodity index on September 7 was 342.06, up 15.08 points from yesterday, down 10.33% from the highest point of 381.48 in the cycle (September 12, 2016), and up 242.06% from the lowest point of 100.00 on September 4, 2014. (Note: the period refers to the period from September 1, 2014 to now)

Upstream lithium carbonate, according to the data monitoring of business society: the price of industrial grade and battery grade lithium carbonate has increased recently. On September 7, the average price of industrial grade lithium carbonate in East China was 127400 yuan / ton, which was 6.88% higher than that at the beginning of the month (the average price of industrial grade lithium carbonate in East China was 119200 yuan / ton on September 1). On September 7, the average price of battery grade lithium carbonate in East China was 134800 yuan / ton, which was 7.32% higher than that at the beginning of the month (the average price of battery grade lithium carbonate in East China was 125600 yuan / ton on September 1).

The lithium hydroxide analyst of business society believes that, on the whole, the current cost, supply and mentality are still favorable, and the demand performance is acceptable. It is expected that in the short term, the domestic industrial lithium hydroxide market may operate strongly, and the specific trend needs to pay more attention to the market news guidance.

POLYVINYL ALCOHOL