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SunSirs: Lithium Hydroxide Market Temporarily Stabilized on April 13

April 14 2022 09:45:53     SunSirs (John)

Product Name: Lithium Hydroxide

The latest price (April 13): 478,666.66 RMB/ton

On April 13, the industrial-grade lithium hydroxide market was temporarily stable, flat compared with the previous trading day, and an increase of 11.32% compared with March 13.

Analysis review

At present, the price of upstream lithium carbonate has weakened, which has little impact on lithium hydroxide. The industry's wait-and-see attitude has strengthened, and the market supply has increased, but the demand has slowed down. The spot of mainstream major manufacturers is still tight, and the focus of market discussions is temporarily stable.

Market outlook

It is expected that in the short term, the lithium hydroxide market may be dominated by a high wait-and-see operation.

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