1、 Price trend of lithium hydroxide:

(Figure: P value curve of lithium hydroxide product)

2、 Market analysis:

Product: according to the data of the business club’s large list, the average price of lithium hydroxide enterprises on March 13 was 57000 yuan / ton, which was the same as that of yesterday, and the focus of market negotiation was stable. In a three-month cycle, it fell 1.16% year-on-year. At present, the external quotation of industrial grade lithium hydroxide of Shanghai Yulun Industrial Co., Ltd. is 58000 yuan / ton, the external quotation of industrial grade lithium hydroxide of Shanghai Eugene Industrial Co., Ltd. is 58000 yuan / ton, and the external quotation of industrial grade lithium hydroxide of Zigong tongfarong Industrial Co., Ltd. is 55000 yuan / ton. The specific price will be discussed in a single way. At present, the mainstream price of industrial lithium hydroxide Market in China is around 55000-58000 yuan / ton.

On March 12, 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)

Industry chain: in the near future, the price of lithium carbonate market fluctuates slightly, with stability as the main factor. Some enterprises have adjusted their quotations, with ups and downs. In some areas, the operation rate is insufficient, the downstream operation is gradually getting better, the number of inquiries is increasing, and the transaction center of industrial lithium carbonate market is moving up in a narrow range. As of March 13, the average price of industrial grade lithium carbonate in East China is 44200 yuan / ton, and the average price of battery grade lithium carbonate in East China is 51200 yuan / ton.

3、 Future forecast:

According to analysts of lithium hydroxide of business association, the recent strong operation of the upstream lithium carbonate market supports the cost of lithium hydroxide. At present, the focus of market negotiation is stable. With the gradual opening of the overall lithium salt market, it is expected that in the short term, the industrial lithium hydroxide Market will be mainly consolidated and operated.