According to the bulk list data of business society, as of August 9, the average price of domestic industrial lithium hydroxide enterprises was 102000 yuan / ton, up 3.03% compared with August 1, 13.75% compared with July 9, and 21.91% year-on-year in a three-month cycle.

In July, the overall trend of the domestic lithium hydroxide market rose steadily, and the price focus rose. As of July 31, the average price of domestic industrial lithium hydroxide enterprises was 99000 yuan / ton, an increase of 10.41% compared with the price in July 1 (89666.67 yuan / ton). The main reason for the price rise in the month was that the supply was reduced, the downstream demand performed better, the export orders increased month on month, the market supply and demand was in tight balance, and the enterprise quotation was increased due to the impact of the device maintenance of some manufacturers. In August, the lithium hydroxide market continued to rise. Recently, spodumene prices have risen, the cost is under pressure, some smelters are still in the maintenance period, the tight spot supply situation continues, the demand side performs well, and the market atmosphere is active, driving the price focus upward.

The average price of upstream lithium carbonate in East China was 91600 yuan / ton as of August 8, up 4.09% compared with the price at the beginning of the month, according to the data monitoring of business society. On August 8, the average price of battery grade lithium carbonate in East China was 94800 yuan / ton, an increase of 3.49% compared with the price at the beginning of the month.

According to the lithium hydroxide analysts of business society, in a comprehensive view, the price of spodumene at the raw material side is high, the cost side is under pressure, the tight spot supply pattern in the market continues, the favorable support at the supply side is strong, and the performance at the demand side is OK, which will boost the mentality of the industry. It is expected that the domestic industrial grade lithium hydroxide market may operate strongly in the short term, The specific trend needs to pay more attention to the guidance of market news.