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Lithium Hydroxide Price Remains In A Downturn

iconSep 18, 2023 14:20
Source:SMM
SHANGHAI, Sep 18 (SMM) –In the week ending September 14, the lithium hydroxide market continued its downward trend.

SHANGHAI, Sep 18 (SMM) –In the week ending September 14, the lithium hydroxide market continued its downward trend. In recent times, the overall situation for lithium hydroxide remained weak. On the supply side, lithium hydroxide price continued to decline, and the spread with lithium carbonate has been widening. Some companies are suffering loss, forcing them to switch production lines to produce lithium carbonate instead. On the demand side, both domestic and overseas high-nickel demand remained weak, with no obvious signs of recovery. Downstream manufacturers delayed purchases amid adequate stocks on hand and price downturn. Lithium hydroxide price is expected to continue to decline in the near future.

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