According to the data of the bulk list of business society, as of May 11, the average price of domestic industrial lithium hydroxide enterprises was 470000.00 yuan / ton, which was the same as that on May 5, decreased by 1.81% compared with that on April 11, and increased by 61.14% year-on-year in a three-month cycle.

After the festival, the domestic industrial lithium hydroxide Market was stable. In the near future, the price of spodumene in the upstream has been strong, with certain support on the cost side. The price of lithium carbonate in the upstream is still reduced, so we should strengthen the wait-and-see mentality of the market. The foreign lithium hydroxide market price is relatively strong, the domestic downstream procurement enthusiasm is general, the market trading atmosphere is light, and the negotiation focus of lithium hydroxide market runs smoothly.

For upstream lithium carbonate, on May 10, the reference price of lithium carbonate was 455000.00, a decrease of 1.94% compared with May 1 (464000.00). At the beginning of the week, the price of lithium carbonate was still lowered. At present, the market supply is still rising steadily, some new capacity is still being released, and the output of salt lake continues to rise. After the festival, some head manufacturers will negotiate the price of the long-term association. Some material manufacturers have not determined the order before the festival, and the lithium salt is still in a wait-and-see state.

The lithium hydroxide analyst of business society believes that the current high price of upstream spodumene has a certain support for the market mentality, but the weak consolidation of the upstream lithium carbonate market, coupled with the domestic downstream procurement wait-and-see, the demand side performance is light, which has suppressed the price rise. It is expected that the domestic industrial grade lithium hydroxide market price may stabilize and wait-and-see consolidation in the short term.