Texas, USA: During the first half of November, Lithium Hydroxide prices inclined marginally in the USA market as imports of expensive goods continued. Amid recent inquiries from the Asian markets, the sellers have raised their offered quotations for Lithium Hydroxide. Chile continues to maintain strong Lithium Hydroxide production, reaffirming its status as a leading global producer with stable output levels. However, the demand for lithium salts faces challenges due to a global oversupply. Chile&#xx;s Lithium Hydroxide exports continue to lead globally, with steady demand for lithium salts, which are primarily used in battery production for electric vehicles.
The major exporter, Chile&#xx;s Lithium Carbonate and Lithium Hydroxide production remains strong, with its position as a leading global producer bolstered by ongoing output stability, which eases the supply concerns of Lithium Hydroxide. Sociedad Química y Minera de Chile (SQM) is maintaining significant production levels, targeting an...
