Market supply and demand support lithium hydroxide continued to push up

This week lithium hydroxide market center continues to push. Raw materials spodumene prices continue to be high, cost support is strong, lithium hydroxide market spot tension, strong demand, multiple positive support enterprises offer high, the price center of gravity is obviously upward. Recently, the industrial grade lithium hydroxide of Zigong Tongfarong Industry is quoted at 137,000 yuan/ton, the industrial grade lithium hydroxide of Shanghai Oujin Industry is quoted at 136,000 yuan/ton, the battery grade lithium hydroxide is quoted at 140,000 yuan/ton, and the industrial grade lithium hydroxide of Shanghai Qihua International Trade Co., Ltd. is quoted at 135,000 yuan/ton. Specific transaction price a single talk.

Upstream lithium carbonate, according to business data monitoring: industrial grade and battery grade lithium carbonate prices rose rapidly this week, the rise is increasing. On September 2, the average price of industrial grade lithium carbonate in East China was 122000 yuan/ton, 8.93% higher than that at the beginning of the week (on August 29, the average price of industrial grade lithium carbonate in East China was 112000 yuan/ton). On September 2, the average price of battery-grade lithium carbonate in East China was 128,800 yuan/ton, and compared with the beginning of the week (on August 29, the average price of battery-grade lithium carbonate in East China was 118,200 yuan/ton), the price increased by 8.97%.

Business community lithium hydroxide analysts believe that, in a comprehensive view, cost support is still firm, coupled with the market supply and demand support, very strong sentiment, is expected to run in the short term, the domestic industrial lithium hydroxide market or will be firm, the specific trend needs to pay more attention to market news guidance.