Yahua Group stated on the 13th: The company's lithium ore from Zimbabwe has been shipped back to China in batches and used for production. PriceSeek analyzes lithium hydroxide, with a long-short rating: -1. Yahua Group's batch shipment of lithium ore from Zimbabwe for lithium hydroxide production indicates stable and increased raw material supply, which may boost lithium hydroxide output and enhance market supply expectations. This will exert downward pressure on the spot price of lithium hydroxide, as increased supply could alleviate shortages and curb upward price momentum. The rating is moderately bearish (-1), as while the event is not extreme, the substantial supply increment has a negative impact on prices.
Comments
0