SunSirs: Strong Wait-and-see Atmosphere in Lithium Hydroxide Market
February 14 2023 14:28:53Latest price of lithium hydroxide (February 13): 456666.66 RMB/ton, bearish in the future.
Key points of analysis: On February 13, the domestic industrial lithium hydroxide market fell, 13.84% lower than the price on February 1. Recently, the upstream spodumene market is in a weak operation, the upstream lithium carbonate price is falling, the support for lithium hydroxide is insufficient, the downstream merchants are not willing to receive goods, the actual transactions are limited, and most of them are low-priced orders. The focus of the lithium hydroxide market negotiation is falling, and the wait-and-see atmosphere is strong.
Aftermarket forecast: the follow-up on the demand side is cautious and weak, and it is expected that the short-term lithium hydroxide market or weak operation will prevail.
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