[SMM Analysis] In December, China's lithium hydroxide exports reached 7,038 mt, up 21% MoM.

Published: Jan 21, 2025 15:54

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According to customs data, China's lithium hydroxide exports in December reached 7,038 mt, up 21% MoM, down 43% YoY.

According to customs data, China's lithium hydroxide exports in December reached 7,038 mt, up 21% MoM but down 43% YoY. Among them, exports to South Korea amounted to 5,058 mt, accounting for 72% of China's total exports, up 40% MoM; exports to Japan were 1,617 mt, accounting for 23%, and were basically flat MoM. The average export price of China's lithium hydroxide in December was $13,266/mt, up 4% MoM. The MoM increase in export volume was mainly due to some enterprises increasing exports at year-end to maintain long-term supply agreements.

Additionally, lithium hydroxide imports in the same month amounted to 608 mt, down 50% MoM, with 560 mt coming from Australia, accounting for 92%.

Data source: General Administration of Customs, compiled by SMM

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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