According to the data of the business club’s block list, as of June 20, the average price of domestic industrial lithium hydroxide enterprises was 88666.67 yuan / ton, up 1.53% compared with the price at the beginning of the month, up 2.31% compared with the price on May 20, and up 18.22% over the same period in three months.

In the first half of June, the domestic industrial grade lithium hydroxide Market was strong

In June, the spot supply in the market was tight, the demand side performed well, the support of supply and demand side was strong, and the focus of market negotiation went up. In the near future, the shortage of market supply eased slightly, the downstream demand continued to be strong, and the market price of lithium hydroxide mainly increased slightly in the middle and early June.

According to customs statistics, in May 2021, China’s lithium hydroxide import volume was 414.13 tons, the import amount of that month was about 3.1 million US dollars, and the average import price of that month was 7487.73 US dollars / ton. According to customs statistics, in May 2021, China’s lithium hydroxide export volume was 6129.93 tons, the export amount of that month was about US $54.33 million, and the average export price of that month was US $8862.30/ton.

Upstream lithium carbonate, industrial grade and battery grade lithium carbonate prices are still in stable operation this week. According to the data monitoring of business news agency, the average price of industrial grade lithium carbonate in East China on June 18 was 87000 yuan / ton, which was stable compared with that at the beginning of the week (the average price of industrial grade lithium carbonate in East China on June 14 was 87000 yuan / ton). On June 18, the average price of battery grade lithium carbonate in East China was 90800 yuan / ton, which was stable compared with that at the beginning of the week (on June 14, the average price of battery grade lithium carbonate in East China was 90800 yuan / ton). On the 18th, the comprehensive quotation of industrial grade lithium carbonate market was around 82000-90000 yuan / ton, and the comprehensive quotation of battery grade lithium carbonate market was around 85000-92000 yuan / ton.

Business community lithium hydroxide analysts believe that based on the current supply and demand situation, the market is still good, it is expected that in the short term, the domestic industrial lithium hydroxide market may be strong operation, specific trends need to pay more attention to market information guidance.