According to the bulk list data of business society, as of September 29, the average price of domestic industrial lithium hydroxide enterprises was 166333.33 yuan / ton, up 37.09% compared with September 1, 85.50% year-on-year in a three-month cycle and 204.27% compared with the same period last year.

The lithium hydroxide market continued to rise in September. In the first half of the month, the price of spodumene in the upstream was strong, the price of lithium carbonate continued to rise sharply, the cost support was strong, the enterprises lived alone for about a long time, and the market supply increased. However, the spot supply of mainstream manufacturers was still limited, the downstream follow-up was positive and stable, and the price of lithium hydroxide rose steadily. In the second half of the month, spodumene goods were tight and the price was high, lithium carbonate kept rising, the market fundamentals continued to be good, the suppliers had a strong intention to support the market, the operating rate in some regions decreased in the second half of the year, the downstream goods were prepared orderly, the market atmosphere was acceptable, and the market operated strongly.

For upstream lithium carbonate, according to the price monitoring of business society, in September 2021, the market price of industrial grade and battery grade lithium carbonate in East China continued to soar in August, and the price remained in the rising range until the end of the month, but slowed down slightly. As of September 28, the average price of industrial grade lithium carbonate in East China was 167800 yuan / ton, up 40.77% compared with the average price at the beginning of the month. On September 28, the average price of battery grade lithium carbonate in East China was 175200 yuan / ton, an increase of 39.49% compared with the average price at the beginning of the month.

Lithium hydroxide analysts of business society believe that at present, the cost support is still strong and the market is stable and orderly. It is expected that in the short term, the domestic industrial lithium hydroxide market may operate at a high level, and the specific trend needs to pay more attention to the guidance of market news.