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Impact of price increase of lithium hydroxide on the price of lithium grease in 2021

 The impact of the price increase of lithium hydroxide in 2021 on the price of lithium grease

Lithium hydroxide is a necessary raw material for the production of lithium grease. Lithium grease is also known as long-life grease. It is a blend of medium-viscosity lubricating oil as base oil, lithium hydroxide and thickening agent. According to different application requirements, appropriate additives are added. Generally, the preparation method As follows: Put stearic acid, 12-hydroxystearic acid, lithium hydroxide, water and lubricating oil into the reactor, saponify (140°C, 2 hours), dehydrate, dilute the soap base, add additives, cool, and grind ( 115℃) to the finished product packaging. Of course, there are other production methods, which will gradually be reflected in future articles.

2021 is destined to be an extraordinary year. The price of lithium hydroxide raw materials has risen sharply this time, which will affect the ex-factory price of domestic lithium-based grease for the next period of time. Affected by the 34-week continuous rise in the price of lithium hydroxide, the prices of domestic lithium-based greases, high-temperature greases and other products will continue to rise. According to the bulk list data, as of August 13, 2021, the average price of domestic industrial-grade lithium hydroxide companies is 110,333.33 yuan/ton, an increase of 8.17% compared with Monday's price, an increase of 22.59% compared with July 13, an increase of 27.80% year-on-year in a three-month cycle.

Lithium hydroxide

This week, the domestic industrial-grade lithium hydroxide market price has risen again. Recently, upstream spodumene prices have risen tightly, and cost pressure has increased. The supply side is still tight. The downstream demand is still buying. The market enquiry atmosphere is positive, and the company offers high prices. Low-priced sources are hard to find. Recently, Shanghai Yulun Industrial Industrial Grade Lithium Hydroxide is quoted at 118,000 yuan/ton, and Zigong Tongfarong Industrial Industrial Grade Lithium Hydroxide is quoted at 101,000 yuan/ton. The specific transaction price will be discussed separately.

Lithium hydroxide 001

The picture shows lithium hydroxide, which is the raw material needed to produce lithium-based grease and high-temperature grease

Upstream lithium carbonate, the price of industrial grade and battery grade lithium carbonate continued to rise at the beginning of the month this week. As of August 12, the average price of industrial-grade lithium carbonate in East China was 95,800 yuan/ton, an increase of 3.46% compared to Monday (August 9). On August 12, the average price of battery-grade lithium carbonate in East China was 99,000 yuan/ton, an increase of 3.34% compared to Monday (August 9).

Lithium hydroxide analysts believe that, on the whole, the current cost side support is strong, and the superimposed supply and demand side performs well. It is expected that in the short term, the domestic industrial-grade lithium hydroxide market may be strong, and the specific trend needs to pay more attention to market news. Guidelines.

Lithium hydroxide 002

It is reported that in addition to lithium-based grease, products such as lithium complex grease and extreme pressure lithium complex grease, commonly known as high-temperature grease products, also have a large production demand for lithium hydroxide. Therefore, the price increase of lithium hydroxide will have a certain impact on the prices of these products.

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