1、 Price trend of lithium hydroxide:

The average price of lithium hydroxide as of February 17 was 57000 yuan / ton, which was the same as that of February 14, according to the data in the bulk list of business associations. In a three-month cycle, it fell 15.76% year-on-year. On February 17, the lithium hydroxide commodity index was 135.71, unchanged from yesterday, down 64.43% from 381.48 (2016-09-12), the highest point in the cycle, and up 35.71% from 100.00, the lowest point on September 4, 2014. (Note: cycle refers to 2014-09-01 to now)

2、 Market analysis:

Product: the market of lithium hydroxide was stable on February 17. At present, the external quotation of industrial grade lithium hydroxide of Shanghai Yulun Industrial Co., Ltd. is 58000 yuan / ton, and that of industrial grade lithium hydroxide of Shanghai Eugene Industrial Co., Ltd. is 58000 yuan / ton. At present, the mainstream price of industrial lithium hydroxide Market in China is around 55000-58000 yuan / ton.

Industry chain: in the near future, the upstream lithium carbonate market is dominated by stable operation, and the quotation of some enterprises is increased. As of February 17, the average price of industrial grade lithium carbonate in East China is 43900 yuan / ton, and the average price of battery grade lithium carbonate in East China is 51200 yuan / ton. Due to the postponement of the factory’s return to work, the main reason is the consumption of inventory. In addition, there are certain restrictions on transportation. The cost of logistics rises, and the price of lithium carbonate rises slightly. In the later stage, with the resumption of production and the increase of market supply, the price of lithium carbonate may stabilize.

3、 Future forecast:

According to analysts of lithium hydroxide of business association, the upstream lithium carbonate market has increased slightly in the recent period, with general cost support performance, and low demand for industrial lithium hydroxide. It is expected that in the short term, the industrial lithium hydroxide Market will be dominated by low consolidation and wait-and-see operation.