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What is the impact of the price increase of lithium hydroxide on lithium based lubricants?
Release time:
2021-09-27
Lithium hydroxide is a necessary raw material for the production of lithium-based greases. Lithium grease, also known as long-life grease, it is made of medium viscosity lubricating oil as base oil and lithium hydroxide and thickening agent blending.
According to the data of the business agency's bulk list, as of August 13, the average price of domestic industrial lithium hydroxide enterprises was 110333.33 yuan/ton, up 8.17 percent from Monday's price, 22.59 percent from July 13, and 27.80 percent year-on-year in a three-month cycle.

At present, the domestic industrial grade lithium hydroxide market price increased again. Recently, Shanghai Yilun Industrial Industrial Grade Lithium Hydroxide quoted 118000 yuan/ton and Zigong Tongfa Industrial Grade Lithium Hydroxide quoted 101000 yuan/ton.

This week, industrial and battery-grade lithium carbonate prices continued the upward trend at the beginning of the month. As of August 12, the average price of industrial lithium carbonate in East China was 95800 yuan/ton, up 3.46 percent from Monday (August 9). On August 12, the average price of battery-grade lithium carbonate in East China was 99000 yuan/ton, up 3.34 from Monday (August 9).

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