Weekly market trend of spot lithium hydroxide from 8.11-8.14 [SMM Weekly Review]

This week, in terms of production, some enterprises conducted short-term maintenance, and it is expected that the output of lithium hydroxide this month will show a decreasing trend compared to the production schedule. In terms of market sentiment, lithium chemical plants currently have a strong reluctance to sell, except for long-term agreement supplies, and their quoted prices have risen significantly. During the current price increase, downstream enterprises have a wait-and-see attitude towards the continuous supply of long-term agreements. Some ternary cathode material plants have shown a certain purchase willingness due to good orders, and the market price of lithium hydroxide has risen sharply as a result.