This week, lithium hydroxide prices remained stable. From the supply side, the operating rates of lithium hydroxide refining enterprises in the industry have remained high. However, due to the current low inventory levels in the industry, refining enterprises still face significant delivery pressure. Some manufacturers continue to support prices and are reluctant to sell.

On the demand side, as the May Day holiday approaches, some downstream enterprises have gradually completed pre-holiday stocking, leading to a slight easing in downstream purchasing intensity. However, demand still remains at high levels. It is expected that lithium hydroxide prices will remain mainly stable in the short term.