SMM

[SMM Analysis: The Heartbeat of the Lithium Battery Market: Insights into Lithium Hydroxide Price Fluctuations in H1 2024] According to SMM's analysis, the domestic lithium hydroxide market in H1 2024 experienced various changes in supply, demand, import and export, and inventory. On the supply side, total output increased, demand went through a process of rising first and then falling, import growth accelerated, export demand remained stable, and inventory accumulated. Despite a brief recovery and price increase, factors such as the decline in lithium carbonate prices, industry inventory accumulation, and slowing demand put pressure on lithium hydroxide prices. The future market remains uncertain, and producers can respond to challenges by improving quality and efficiency, integrating the industrial chain, and paying attention to policy trends. Overall, the lithium hydroxide market still faces certain pressures and challenges.