The market is light, and the price of lithium hydroxide drops by more than 14%one month

I. price trend of lithium hydroxide:

 

Stannous Sulphate

According to the data of the business club’s large scale list, the average price of enterprises on November 10 was 67666.67 yuan / ton, the average price of enterprises on December 10 was 57666.67 yuan / ton, and the monthly drop of lithium hydroxide was 14.78%. In a three-month cycle, it fell 19.16% year-on-year.

 

II. Market analysis:

 

Product: Recently, the overall market of lithium hydroxide has shown a downward trend. 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 60000 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.

 

Azodicarbonamide (AC foaming Agent)

Industry chain: since December, the upstream lithium carbonate price is still in a downward trend, with the decline of industrial lithium carbonate of 1.65% (12.1-12.10) and battery lithium carbonate of 0.73% (12.1-12.10). At present, enterprises are still pessimistic about the future market. Some enterprises take the initiative to reduce the price for shipment due to the pressure of inventory and cash flow, while some enterprises still have the pressure of inventory, and the price goes with the market.

 

Industry: according to the price monitoring of the business agency, on December 9, 2019, in the list of commodity prices, there were 14 kinds of commodities in the chemical sector, including 2 kinds of commodities with an increase of more than 5%, accounting for 2.4% of the number of commodities monitored in the sector; the top three commodities were dichloromethane (5.77%), bisphenol A (5.38%) and organosilicon DMC (2.12%). There are 12 kinds of commodities falling on a month on month basis, and there are 3 kinds of commodities falling by more than 5%, accounting for 3.5% of the number of commodities monitored in this sector; the top 3 products falling are lithium hydroxide (- 13.50%), caustic soda (- 6.25%) and epichlorohydrin (- 5.33%). The average price of this day was – 0.2%.

 

3. Future forecast:

 

Analysts of lithium hydroxide in the business club believe that the price of upstream lithium carbonate market is weak and the cost support is weak. The operating rate of industrial grade lithium hydroxide has been at a low level, but the downstream demand is light. It is expected that the market of lithium hydroxide will be stable in the short term.

ferric sulfate (Poly ferric sulphate)