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SunSirs:Lithium hydroxide is Bearish in the Future

February 21 2023 15:08:53     

Latest price of lithium hydroxide (2-20): 443333.34 RMB/ton, bearish in the future

Key points of analysis: the price of industrial lithium hydroxide on the 20th fell by 2.92% compared with the price on Friday. Recently, the upstream lithium carbonate price is weak, the support for lithium hydroxide is weak, the supply of lithium hydroxide is sufficient, the demand is flat, the willingness of downstream procurement and stock preparation is not high, the market transaction is limited, the operators' mentality is insufficient, and the focus of lithium hydroxide market negotiation has declined.

Aftermarket forecast: It is expected that the lithium hydroxide market will be weak in the short term.

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