Lithium Hydroxide (LiOH) is a liquid chemical compound that is inorganic in nature. The chemical is watery-whitish in color and has a strong, pungent odor that is highly soluble in water and is hygroscopic. The chemical compound’s melting and boiling point measure around 462° C and 924° C, respectively.

Moreover, the compound is also soluble in ethanol solution. It is classified as a strong base, while it is also considered to be the weakest known alkali metal hydroxide. It undergoes a double displacement reaction in the presence of a catalyst, i.e., sulfuric acid, that gives lithium sulfate and water as the resultant products. The compound has a neutralizing effect on the acid it is reacted with; one such common acid is hydrochloric acid.

Request for Real-Time Lithium Hydroxide Prices: https://procurementresource.com/resource-center/lithium-hydroxide-price-trends/pricerequest

India, the Netherlands, and the United States are key importing countries to import Lithium Hydroxide. On the other hand, the key exporting countries include the United States, Belgium, and the Netherlands.

Key Details About the Lithium Hydroxide Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Lithium Hydroxide price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Lithium Hydroxide Price chart, including India Lithium Hydroxide price, USA Lithium Hydroxide price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Lithium Hydroxide Price Trend:

Lithium Hydroxide, an essential industrial chemical with diverse applications, plays a pivotal role in cathode material manufacturing. This inorganic compound is a key component in the production of lithium soaps of fatty acids, serving as a primary ingredient in lubricant thickening for commercial purposes. In the realm of batteries, particularly alongside metals like nickel and cobalt, it functions as an electrolyte. Its primary consumption occurs in the manufacturing of cathode materials, including batteries like lithium iron phosphate or lithium cobalt oxide.

Furthermore, this compound exhibits the capability to absorb carbon dioxide from the spacecraft’s atmosphere, making it a preferred choice for use in space vehicles. In this context, it serves as an alternative to lithium carbonate as a precursor for various cathode materials involving nickel and cobalt.

Analyzing the Lithium Hydroxide market, factors such as the Lithium Hydroxide Price Trend, Lithium Hydroxide Price Index, and Lithium Hydroxide Prices are crucial indicators. Tracking the Price Trend through tools like Lithium Hydroxide Price Charts and Lithium Hydroxide Price Graphs provides valuable insights for stakeholders in the industry.

Key Players:

• Albemarle
• SQM
• Jiangxi Dongpeng New Materials
• Tianqi Lithium
• Livent
• Ganfeng Lithium
• Sichuan Yahua Group
• Ruifu Lithium

News & Recent Development

• Date: February 20, 2023- Australia’s largest lithium dealer Pilbara Minerals has announced that it is selling around 15000 tonnes of spodumene in March. The strategy aims to win against the falling Lithium Hydroxide prices in the market.

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