According to the bulk list data of Business News Agency, the average price of domestic industrial lithium hydroxide enterprises was 456666.66 yuan/ton as of February 13, down 8.67% from the price of last Thursday (February 9).

Recently (2.9-2.13), the domestic industrial lithium hydroxide market fell. Recently, the upstream spodumene market is in a weak operation, the upstream lithium carbonate price is falling, the market mentality is insufficient, the downstream merchants are not willing to receive goods, the actual market transactions are limited, and most of them are low-price orders. The focus of lithium hydroxide negotiation is falling, and the wait-and-see atmosphere is strong.

Upstream lithium carbonate, according to the data monitoring of the Business News Agency, the price of industrial and battery grade lithium carbonate has continued to decline recently. On February 10, the reference price of lithium carbonate – industrial grade was 441600.00, down 5.15% from February 1 (465600.00).

According to the lithium hydroxide analyst of the Business Agency, the upstream lithium carbonate is weak at present, and the support for the lithium hydroxide market is insufficient. In addition, the follow-up on the demand side is cautious. It is expected that the short-term lithium hydroxide market or weak operation will prevail.