Market feedback shows that these two commodities see active spot liquidity and great price volatility. Therefore, a higher assessment frequency enables Fastmarkets to reflect their spot market dynamics in a more timely manner.
The new specifications for the prices are as follows, with the amendment in italics:
MB-LI-0036 Lithium carbonate 99.5% Li2CO3 min, battery grade, spot price range exw domestic China, yuan/ tonne
Quality: Powder, accepted by buyer for use in battery applications and with the chemical composition: Li2CO3 99.5% min; Na 0.025% max; Ca 0.005% max; Mg 0.008% max; magnetic impurities 300ppb max
Quantity: Min 5 tonnes
Location: Ex-works China, VAT included
Timing: 30 days
Unit: CNY/tonne
Publication:Daily, 4pm London
MB-LI-0040 Lithium hydroxide monohydrate LiOH.H2O, 56.5% LiOH min, battery grade, spot price range exw domestic China, yuan/tonne
Quality: Powder, accepted by buyer for use in battery applications and with the chemical composition LiOH 56.5% min; CO2 <0.35%; Ca 0.005% max; SO4 0.01% max; Cl- 0.002% max
Quantity: Min 5 tonnes
Location: Ex-works China, VAT included
Timing: 30 days
Unit: CNY/tonne
Publication: Daily, 4pm London
These prices are a part of Fastmarkets industrial minerals package.
The change in frequency will then take place from Monday November 25.
To provide feedback on these prices or if you would like to provide price information by becoming a data submitter to these prices, please contact Zihao Li by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Zihao Li, re: China battery-grade lithium prices.”
Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.
To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.
The post Amendment to frequency of exw China battery-grade lithium carbonate, hydroxide assessments: pricing notice appeared first on Fastmarkets.
