China Lithium Hydroxide Production Fell In April, But To Pick Up In May

SHANGHAI, May 10 (SMM) - China’s lithium hydroxide output was 23,891 mt in April, down 2% MoM, but up 26% YoY. Weak downstream demand resulted in inventory accumulation. Some smelters lowered their production slightly.

With improving price difference between lithium carbonate and lithium hydroxide, the smelting volume of the latter is expected to pick up. SMM forecasts that the domestic lithium hydroxide output will stand at 23,877 mt in May, up 2.1% MoM and 16% YoY.