Lithium Hydroxide Prices

15-04-2026 - Over the past month, the price of Lithium Hydroxide has experienced a moderate increase, climbing from $19,847.73/t to $20,312.5/t. This rise is indicative of heightened demand for this crucial raw material across various sectors. The forecast for Lithium Hydroxide (LME) predicts a further increase to $22,052.9/t, representing an 8.6% rise from the current price of $20,312.5/t, suggesting a continued upward trend. However, this comes with the risk of potential market volatility impacting raw material prices.

The forecast highlights upward price pressure on raw materials, primarily driven by technical data, which contributes $1,392.7/t, and trend following, adding $1,607.1/t. Conversely, calendar effects slightly mitigate this pressure by $115.8/t. While demand and technical data point to price increases, flows data suggests a potential decrease.

Recent analyses present a bullish outlook for the lithium market in the upcoming month, aligning with the forecast's prediction of rising prices. According to a Mysteel report, the Chinese lithium carbonate market is expected to undergo a significant shift in the second quarter of 2026. Following high prices in Q1, the market is anticipated to experience further price recovery due to supply-side constraints and strong downstream demand. April is projected to be a crucial month, initiating a price rally during the traditional seasonal peak. This increase is primarily driven by supply tightening, influenced by Zimbabwe's export ban and delayed mine restarts. Consequently, domestic lithium carbonate prices are expected to surpass their Q1 range in April 2026, with further increases in May before stabilizing in June.