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SunSirs: The Domestic Industrial-Grade Lithium Hydroxide Market Was Running Steadily (9.14-9.20)

September 21 2022 09:12:21     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, as of September 20, the average price of domestic industrial-grade lithium hydroxide enterprises was 481,666.66 RMB/ton, which was the same as the price on last Wednesday (September 14), an increase of 1.40% compared with the price on August 20, and an increase of 1.76% in a three-month cycle.

Analysis review

Recently (9.14-9.20), the domestic industrial-grade lithium hydroxide market was stable. Recently, the upstream lithium carbonate price was running at a high level, which had a strong support for the lithium hydroxide market. The spot supply in the market was still tight, and the enthusiasm for downstream inquiries was relatively good. Under the multiple supports, the lithium hydroxide market discussion center of gravity was running at a high level.

Upstream lithium carbonate, since September, the upstream lithium carbonate market has risen. According to the data monitoring of SunSirs: on September 19, the reference price of lithium carbonate was 494,000.00 RMB/ton, an increase of 2.28% compared with September 1 (483,000.00 RMB/ton).

Market outlook

The lithium hydroxide analyst of SunSirs believes that the current upstream lithium carbonate support is obvious, the supply side is tight, the demand side is active in inquiries, and the market sentiment is good. It is expected that in the short term, the domestic industrial-grade lithium hydroxide market price may run strongly, and more attention should be paid to market news guidelines.

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