As of July 13, the average price of domestic industrial grade lithium hydroxide enterprises was 90000 yuan / ton, up 0.37% compared with last Tuesday (July 6), 3.05% compared with June 1, and 13.92% year-on-year in a three-month cycle, according to the data from the business club’s block list.

In June, the market of lithium hydroxide rose steadily, with an overall increase of 2.67%. In July, the market was operating at a high level and prices rose at the beginning of the week. Some manufacturers shut down for maintenance, the output decreased, the market spot supply was tight, and the demand side was improved, the market was willing to push up obviously, the quotation was high, and the market transaction price was higher.

Import and export data of lithium hydroxide from January to may 2021 (unit: kg)

According to the data monitoring of the business society, the average price of industrial grade lithium carbonate in East China was 86600 yuan / ton as of July 12, which was the same as that at the beginning of the month. On July 12, the average price of battery grade lithium carbonate in East China was 90400 yuan / ton, which was the same as that at the beginning of the month.

According to the lithium hydroxide analysts of business news agency, generally speaking, the current tight spot supply and good demand performance form an effective support for the market. It is expected that in the short term, the domestic industrial lithium hydroxide market may be relatively strong, and the specific trend needs more attention to the market information guidance.