1、 Price trend of lithium hydroxide:

(Figure: P value curve of lithium hydroxide product)

2、 Market analysis:

Product: on March 19, the focus of lithium hydroxide Market negotiation was temporarily stable, and the market did not change significantly. The average price of lithium hydroxide as of March 19 was 57000 yuan / ton, the same as that of yesterday, according to the data in the bulk list of business agencies. In a half year cycle, it fell 20.02% 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 18, 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: according to the price monitoring of the business agency, on March 18, the average price of industrial lithium carbonate in East China was 44200 yuan / ton, and the average price of battery lithium carbonate in East China was 51200 yuan / ton. At present, the mainstream price of industrial lithium carbonate market is around 40000-47000 yuan / ton, and the mainstream price of battery lithium carbonate market is around 48000-52000 yuan / ton. Downstream construction started successively, market inquiry increased, and the atmosphere was positive. It is expected that in the short term, the industrial grade lithium carbonate market will be strong. At present, the demand of the downstream power market is recovering slowly. It is expected that in the short term, the battery grade lithium carbonate market will be consolidated and wait-and-see operation, and more attention should be paid to the cost and downstream demand.

Industry: according to the price monitoring of the business agency, there are six commodities in the list of commodity prices rising and falling on March 18, 2020, among which there is one commodity with an increase of more than 5%, accounting for 1.1% of the number of commodities monitored in this sector; the top three commodities are isopropanol (5.58%), acetone (1.46%) and dichloromethane (1.33%). There are 19 kinds of commodities decreased on a month on month basis, and 1 kind of commodities decreased by more than 5%, accounting for 1.1% of the number of commodities monitored in this sector; the top three products decreased were pure benzene (- 6.96%), formaldehyde (37%) (- 4.64%) and hydrogenated benzene (- 4.58%). The average price of this day was – 0.3%.

3、 Future forecast:

According to the lithium hydroxide analyst of business club, the demand for industrial lithium hydroxide is light, and the downstream just needs to be purchased. It is expected that in the short term, the market for industrial lithium hydroxide will be mainly stable, and more attention should be paid to the cost and downstream demand information guidance.