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:
The industrial chemical, Lithium Hydroxide, finds extensive applications across various sectors, particularly in the production of cathode materials. As a crucial component in the manufacture of lithium soaps of fatty acid, it serves as a primary ingredient, contributing significantly to lubricant thickening in commercial settings. Within batteries, Lithium Hydroxide acts as an electrolyte, commonly alongside metals like nickel and cobalt, predominantly utilized in the creation of cathode materials such as lithium iron phosphate or lithium cobalt oxide batteries.
Additionally, Lithium Hydroxide plays a pivotal role in space vehicle technology by absorbing carbon dioxide from spacecraft atmospheres. Its preference over lithium carbonate as a precursor for various cathode materials, including nickel and cobalt, underscores its versatility and importance in industrial processes.
Regarding Lithium Hydroxide price trends, it is essential to track Lithium Hydroxide Price Trend, Lithium Hydroxide Price Index, Lithium Hydroxide Prices, Price Trends, Lithium Hydroxide Price Charts, and Lithium Hydroxide Price Graphs to understand market fluctuations and make informed decisions within 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.
About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
Contact Us:
Company Name: Procurement Resource
Contact Person: Amanda Williams
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Reference Link – https://theprocurementexpert.com/lithium-hydroxide-price-trend/
