Product Name: Lithium Hydroxide

The latest price (March 3): 430,000.00 RMB/ton

On March 3, the industrial grade lithium hydroxide market rose, up 1.57% compared with the previous trading day, and up 56.36% compared with February 3.

Analysis review

At present, on the raw material side, the goods are tight and prices are rising, the cost support is strong, the market supply is limited, the demand for downstream high-nickel materials is rising, the demand side is improving, and the market supply and demand is tight.

Market outlook

It is expected that in the short term, the market price of lithium hydroxide may mainly rise.

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