Texas, USA: The US Lithium Hydroxide market experienced a further decline in February xxxx due to sustained weak demand and reluctance to purchase new goods. The influx of cheaper goods and oversupplied markets continued to heavily impact the Lithium Hydroxide market. According to industry experts, there is undoubtedly an oversupply in both the lithium carbonate and Lithium Hydroxide market, with China holding a dominant position. However, there are also significant players from the US in this market who play an important role in shaping the global Lithium Hydroxide market. Moreover, companies in North America have notably been ramping up their efforts to mine, extract, and refine lithium.
As of February xxxx, the assessed price of Lithium Hydroxide (Battery Grade) DDP USGC was USD xx,xxx/MT.
Towards the end of February, the prices of Lithium Hydroxide stabilized in the US market. In recent developments, Exxon Mobil Corp...
