According to the data of the trade agency’s bulk list, as of August 8, the average price of domestic industrial grade lithium hydroxide enterprises was 473333.34 yuan / ton, which was the same as that of last Monday (August 1) and that of July 8, with a year-on-year increase of 0.71% in a three-month cycle.

In the near future (8.1-8.8), the domestic industrial lithium hydroxide Market has been stable. Recently, the price of upstream lithium carbonate fluctuated and increased, which has a certain support for lithium hydroxide. The overall supply of the market is mainly stable, the demand side is weak, the shipping atmosphere is flat, and the negotiation focus of domestic industrial lithium hydroxide Market is stable.

For upstream lithium carbonate, according to the data monitoring of the business agency, the price of industrial grade and battery grade lithium carbonate has been rising continuously. On August 8, the reference price of lithium carbonate was 462600.00, up 0.35% compared with that on August 1 (461000.00).

According to the lithium hydroxide analysts of business club, the current cost support is slightly rising, and the supply and demand support is weak. It is expected that in the short term, the domestic industrial grade lithium hydroxide market price may be stable, and more attention should be paid to market information and guidance.