Weekly Lithium Hydroxide Price Review

Lithium hydroxide prices have fallen further this week. From the perspective of market supply and demand, some high-nickel cathode manufacturers are expected to see a significant decline in orders in the future. Some cathode manufacturers have signed long-term agreements with themselves, and the supply of raw materials is basically sufficient. Under the background that there is a certain excess in supply and demand in the future, the current demand for hydrogen oxidation Lithium is rarely available
Under such circumstances, most of the recent consumption of raw material inventory has led to sparse transactions in the market. As the pace of downstream purchasing and delivery has slowed down significantly, smelting quotations have recently moved downwards, causing the market's transaction focus to continue to decline.