Post-Holiday Lithium Hydroxide Price Forecast

SHANGHAI, Oct 7 (SMM) – Lithium hydroxide prices fell again before the National Day holiday. Supply-wise, sales of current inventory were slow, and some smelters using external mines are struggling in loss-making territory. These smelters, facing high stocks and fewer processing orders, cut their operating rates. Demand from downstream remained tepid, with ternary cathode precursor businesses lagging and minimal pre-holiday stockpiling. Overall demand stayed low. The short-term outlook suggests a further decline in lithium hydroxide prices.