According to the bulk list data of business society, as of November 14, the average price of domestic industrial lithium hydroxide enterprises was 173000 yuan / ton, which was the same as that on November 8, increased by 4.01% compared with that on October 14, and increased by 56.80% year-on-year in a three-month cycle.

The market of industrial lithium hydroxide was temporarily stable this week. Recently, the price of raw material spodumene has been strong, the price of lithium carbonate is relatively strong, the cost support is strong, the demand side has improved, the market is relatively stable, and the negotiation focus is stable.

Upstream lithium carbonate, according to the data monitoring of business society: the price of lithium carbonate is strong this week. On November 14, the average price of industrial grade lithium carbonate in East China was 186800 yuan / ton, an increase of 1.08% compared with Monday’s price. On November 14, the average price of battery grade lithium carbonate in East China was 195000 yuan / ton, up 1.04% from Monday.

Lithium hydroxide analysts of business society believe that at present, the cost support is still strong and the supply and demand support is OK. It is expected that in the short term, the domestic industrial lithium hydroxide market may operate at a high level, and the specific trend needs to pay more attention to the changes in demand.