According to the bulk list data of business news agency, the average price of domestic industrial lithium hydroxide enterprises was 216666.67 yuan / ton on January 1, 2022. As of June 30, the average price of domestic industrial lithium hydroxide enterprises was 473333.34 yuan / ton, and the market rose 118.46% in half a year.

In the first quarter, the domestic industrial lithium hydroxide market rose steadily, with a quarterly increase of 120.92%. In January, the price of raw material spodumene was high, the price of lithium carbonate kept rising, and lithium hydroxide actively followed the rise of raw materials. The superposition of supply and demand performed well, and the market operated strongly. In February, the cost support was still strong, the overall operating rate of the market was about 60%, the supply side was tight, the enthusiasm of downstream inquiry and procurement was ok, and the lithium hydroxide market continued to rise. In March, the price of raw materials was high, and the demand for lithium hydroxide from downstream high nickel manufacturers increased. The price of lithium hydroxide rose steadily. At the end of the month, the pace of market trading was slightly slower, and the wait-and-see atmosphere was strong.

In the second quarter, the domestic industrial lithium hydroxide market first fell and then rose, with a quarterly decline of 1.11%. In April, the upstream lithium carbonate Market weakened, some manufacturers released new capacity, the overall supply increment, the domestic downstream spot purchase demand slowed down, and the performance of high nickel was poor. Due to the downward impact of lithium carbonate price and slightly weak demand, the high level of domestic industrial lithium hydroxide Market loosened and the price fell slightly. In May, the foreign lithium hydroxide market price was relatively strong, the domestic market demand side was light, and the market was weak and stable. In the second half of the month, with the price of upstream lithium carbonate rising slightly, the cost side support increased, the supply increased slightly, and the construction of downstream high nickel material plants recovered slightly, but the market purchasing mentality was cautious. In June, the price of lithium carbonate in the upstream increased slightly, which raised the support for the lithium hydroxide Market, increased the market supply, slightly increased the enthusiasm of inquiry in the downstream, and the market rose steadily. In the late ten days, there was little demand for high nickel, the enthusiasm of market inquiry and procurement weakened, the market transaction atmosphere was flat, and the price of lithium hydroxide operated stably.

The price of lithium carbonate in the upstream increased steadily after stabilizing in June 2022 according to the price monitoring of the business community. On June 30, the average price of industrial grade lithium carbonate in East China was 459000 yuan / ton, which was 1.77% higher than that at the beginning of the month (the average price of industrial carbon in East China was 451000 yuan / ton on June 1). On June 30, the average price of battery grade lithium carbonate in East China was 478000 yuan / ton, up 1.49% from the average price at the beginning of the month (June 1, the average price of carbon in East China was 471000 yuan / ton).

The lithium hydroxide analyst of business club believes that in July, the cost side support is still there, the enthusiasm of downstream procurement is general, and the market transaction is just in need. It is expected that in the short term, the domestic industrial lithium hydroxide market may be stable, and the specific trend needs to pay more attention to the guidance of market news.