Lithium hydroxide market operation situation
The hydroxide lithium market is operating weakly and the trading atmosphere is tightening. In terms of raw materials, lithium salt plants are not very receptive to low prices. The transactions are mainly long-term orders, and the price focus of bulk orders has further shifted downwards. With long-term orders sufficient to cover most of the demand for raw materials, downstream procurement has further retreated, with a strong wait-and-see mood; production companies in the downstream lithium salt market have gradually resumed operations, but purchasers are more cautious in receiving goods, and the overall market transaction atmosphere is light. In terms of demand, downstream demand for high-nickel materials is weak, shipments are average, market transactions are dominated by long-term contract orders, bulk transactions are bleak, and the lithium hydroxide monohydrate market continues to remain weak.
From the supply side, lithium hydroxide hydrate factories are not very receptive to low prices. The transactions are mainly long-term orders, and the price focus of bulk orders has further shifted downwards. With long-term orders sufficient to cover most of the demand for raw materials, downstream procurement has further retreated, with a strong wait-and-see sentiment. Superimposed on the lithium carbonate market, the market continues to remain weak, and the cost support for lithium hydroxide is limited. The market maintains a firm need for purchasing, but the purchasing atmosphere is not in place, and the market is sluggish.
From the downstream demand side, the downstream demand for high-nickel materials is weak, and the market shipment situation is relatively unsatisfactory. Most downstream goods are strictly needed, and purchasers are more cautious in receiving goods. The overall market transaction atmosphere is light; entering the fourth quarter, battery production scheduling performance is weak. , the terminal small power and digital market demand is weak, the new energy vehicle market demand continues to be weak, and the market growth rate is slow. In the short term, the supply and demand pattern may gradually shift from tight balance to excess.
In the short term, some lithium salt companies are currently resuming work and production, with serious inventory accumulation. Some manufacturers are shipping at low prices, but the market is not very receptive to low prices, and shipments remain in a stalemate. Coupled with the weak operation of the lithium carbonate market, the downstream Demand recovery is slow, downstream demand for high-nickel materials is weak, battery production schedule performance may be weak, lithium salt will present a situation of weak supply and demand, shipments are relatively average, market inquiry atmosphere is weak, and lithium carbonate prices may remain low in the short term. There is a downward trend.
