According to the bulk list data of business society, as of October 27, the average price of domestic industrial lithium hydroxide enterprises was 166333.33 yuan / ton, which was the same as that on October 1, with a three-month cycle, a year-on-year increase of 69.15% and a year-on-year increase of 204.27%.

On October 26, the lithium hydroxide commodity index was 396.03, unchanged from yesterday, hitting a record high in the cycle, up 296.03% from the lowest point of 100.00 on September 4, 2014. (Note: the period refers to the period from September 1, 2014 to now)

In October, the price of industrial lithium hydroxide was high and stable. After returning from the National Day holiday, the price of spodumene in the upstream was high, the price of lithium carbonate increased slightly, there was some support on the cost side, the devices of mainstream manufacturers in the supply side operated at a high level, the demand side performance was relatively stable, and the market operated smoothly. In the second half of the month, the cost side support was still strong, the tight supply situation was alleviated, and the focus of market negotiation was high and stable.

Upstream lithium carbonate, lithium carbonate prices rose slowly on October 26. According to the price monitoring of business agency, as of October 26, the average price of industrial grade lithium carbonate in East China was 178200 yuan / ton, an increase of 6.20% compared with the average price at the beginning of the month. On October 26, the average price of battery grade lithium carbonate in East China was 185400 yuan / ton, an increase of 5.82% compared with the average price at the beginning of the month.

The lithium hydroxide analyst of business society believes that at present, the raw material price is strong, the cost pressure is still there, the market supply has increased, the demand has declined, and under the relative balance of supply and demand, it is expected that the domestic industrial lithium hydroxide market may be stable in the short term, and the specific trend needs to pay more attention to the market information guidance.