China's lithium hydroxide output reached 27,500 metric tons in September, marking a 26% month-on-month increase. Cumulative production from January to September totaled 216,700 metric tons, down 18% year-on-year.
The 26% month-on-month increase in September production indicates short-term supply expansion, potentially exerting mild downward pressure on spot prices. However, the 18% year-on-year decline in cumulative output reflects persistent supply tightness throughout the year, which is more likely to dominate market expectations and support price increases.
Overall, the long-term trend of supply shortages remains more pronounced, favoring the commodity's market outlook.
As an integrated internet platform providing benchmark prices, on October 15, the benchmark price of lithium hydroxide (industrial grade) on SunSirs was 68,233.33 RMB/ton, down 0.63% from the beginning of this month (68,666.67 RMB/ton).
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