[SMM Analysis] Lithium Hydroxide Exports Hit a New Low in November at Only 5,494 mt  

According to customs data, China's lithium hydroxide exports in November reached 5,494 mt, down approximately 30% MoM and 64% YoY. Exports to South Korea and Japan were 3,609 mt and 1,615 mt, respectively, accounting for 66% and 29% of China's total exports. These figures represent MoM decreases of 37.4% and 4.8%, and YoY decreases of 70% and 36%, respectively. The average export price of lithium hydroxide in November was $12,726/mt, up 1% MoM but down 66% YoY.

Additionally, China's lithium hydroxide imports in November reached 1,214 mt, up 147% MoM, with imports from Australia totaling 976 mt, accounting for 80%.