SHANGHAI, Nov 13 (SMM) – Supplies of lithium hydroxide grew as downstream buyers purchased as required, from the end of September. This prompted producers to lower offers, SMM learned.
As of Tuesday November 13, prices of industrial-grade lithium hydroxide have dipped from 110,000 yuan/mt at the end of September to 90,000-95,000 yuan/mt, SMM assessed.
Prices of battery-grade lithium hydroxide registered slower declines by an average 1,000-2,000 yuan/mt per month. As of November 13, SMM assessed prices of domestic battery-grade lithium hydroxide at 117,000-127,000 yuan/mt, down from 130,000 yuan/mt in early October.
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn