According to the data of the bulk list of business cooperatives, the average price of domestic industrial lithium hydroxide enterprises as of September 27 was 481666.66 yuan/ton, which was the same as that of September 1, 1.40% higher than that of August 27, 1.76% higher than that of the same period in three months, and 189.58% higher than that of the same period last year.

In September, the domestic industrial lithium hydroxide market ran at a high level. In the first half of the month, the upstream lithium carbonate price rose, and the supply side increased compared with the previous period. However, the manufacturer mainly made up long orders, and the spot supply was tight. The downstream inquiry procurement was active. With the rise of lithium carbonate and the support of supply and demand, the focus of lithium hydroxide market negotiations was high. In the second half of the month, the support from upstream lithium carbonate is still strong. Large factories give priority to the delivery of long-term orders. Downstream stock procurement has increased, and the demand side has increased. The lithium hydroxide market atmosphere is positive under multiple supports.

On September 26, the benchmark price of lithium carbonate in the upstream business community was 498000.00 yuan/ton, an increase of 3.11% compared with September 1 (483000.00 yuan/ton). On September 26, the benchmark price of battery grade lithium carbonate in the business community was 514000.00 yuan/ton, up 3.01% compared with September 1 (499000.00 yuan/ton).

Lithium hydroxide analysts from the business community believe that the price of lithium carbonate in the upstream is high, the support for lithium hydroxide still exists, and the supply side support is fair. The demand for just needed goods in the downstream is increasing. It is expected that the domestic industrial lithium hydroxide market will be strong in the short term, and more attention should be paid to the market news guidance.