SMM

This week, lithium hydroxide prices continued their gradual decline. Supply side, most production followed the schedule with no significant changes; market sentiment, upstream enterprises produced based on sales, spot order availability remained limited, and reluctance to budge on prices showed no signs of easing; downstream, some material plants exhibited certain purchase willingness, and with the National Day holiday approaching, hazardous chemical transport restrictions prompted some enterprises to inquire and stockpile in advance. Currently, transaction discounts show no clear downward trend, and based on this, lithium hydroxide prices continued to operate with minor reductions.