1、 Price trend of lithium hydroxide
| Azodicarbonamide (AC foaming Agent) |
(p-chart of business value of lithium hydroxide products)
2、 Market analysis
Recently, the market of industrial grade lithium hydroxide has been stable. As of December 28, the average price of domestic industrial grade lithium hydroxide enterprises was 52000 yuan / ton, which was the same as last Monday (December 21), with a year-on-year decrease of 4.88% in the three-month cycle, according to the data of business news agency’s block list. Recently, the market of lithium carbonate in the upstream has risen, and the demand for downstream goods has increased, which has a certain boost to the market of lithium hydroxide. However, the supply side is sufficient, and the market of industrial lithium hydroxide has remained stable, and gradually goes out of the warehouse. At present, the price quoted by Shanghai Jiaogong lithium hydroxide Industrial Co., Ltd. is RMB 53000 / ton, and the price quoted by Shanghai Furong lithium hydroxide Industrial Co., Ltd. is RMB 53000 / ton.
According to customs statistics, in November 2020, China’s lithium hydroxide import volume was 6.51 tons, the import amount of that month was about 60000 US dollars, and the average import price of that month was 9799.35 US dollars / ton. According to customs statistics, in November 2020, China’s lithium hydroxide export volume was 5265.6 tons, the export amount of that month was about US $43.92 million, and the average export price of that month was US $8340.71/ton.
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Upstream lithium carbonate, recent lithium carbonate market rise. According to the data monitoring of Business News Agency: on December 28, the average price of industrial grade lithium carbonate in East China was 50000 yuan / ton, up 19.05% compared with the beginning of this month. On December 28, the average price of battery grade lithium carbonate in East China was 54600 yuan / ton, up 18.44% compared with the beginning of the month.
On December 28, the commodity price index of lithium carbonate and lithium hydroxide was 100.38, up 4.42 points from yesterday, a record high in the cycle, up 35.12% from the lowest point of 74.29 on September 20, 2020. (Note: period refers to the period from January 1, 2013 to now)
According to the price monitoring of business news agency, on December 28, 2020, there were 11 kinds of commodities in the list of rise and fall of bulk commodity prices. The top three commodities were lithium carbonate (4.60%), hydrofluoric acid (1.83%) and propane (1.81%). There were 23 kinds of commodities with a month on month decrease, and 3 kinds of commodities with a decrease of more than 5%, accounting for 3.3% of the monitored commodities in this sector; the top 3 products with a decrease were butadiene (- 6.84%), n-butanol (industrial grade) (- 6.33%) and calcium carbide (- 6.22%). The average daily rise and fall was – 0.32%.
3、 Future forecast
According to the lithium hydroxide analysts of business news agency, the price of lithium carbonate in the upstream has risen recently, the demand in the downstream has increased, and enterprises mainly go to the warehouse. It is expected that the market of industrial lithium hydroxide will be stable in the short term, and more attention should be paid to the market information guidance.
| Sodium Molybdate |