The lithium hydroxide market is mainly stable (11.21-11.24)

According to the data of the bulk list of business cooperatives, the average price of domestic industrial lithium hydroxide enterprises was 580000.00 yuan/ton as of November 24, which was the same as the price on Monday and increased by 11.90% compared with the price at the beginning of the month.



The domestic lithium hydroxide market was stable at a high level this week. The upstream spodumene price is at a high level. The upstream lithium carbonate has dropped slightly, and the cost support is still available. Spot transactions in the market are just in demand. The atmosphere of cautious wait-and-see is strong, and the focus of domestic lithium hydroxide market negotiation is temporarily stable.


The upstream lithium carbonate and lithium carbonate market declined slightly. According to the data monitoring of the business community, the reference price of lithium carbonate industrial grade was 582,000.00 on November 22 and 581,000.00 on November 23, respectively, with a price drop of 0.17%.


The lithium hydroxide analysts of the business community believe that the current upstream lithium carbonate market has fallen slightly, increasing the cautious wait-and-see atmosphere of the market, and the market spot trading atmosphere is general. It is expected that in the short term, the domestic lithium hydroxide market price will be mainly stable, and more attention should be paid to the market news guidance.