This adjustment aims to better align the publication with the operational hours of the Chinese market, ensuring domestic market participants have timely access to the prices. Additionally, because the Chinese lithium assessments reflect activity within the local market, this amendment is intended to provide a more efficient and market-relevant pricing for subscribers.
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, 7pm Shanghai
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, 7pm Shanghai
These prices are a part of Fastmarkets industrial minerals package.
The consultation period for this proposed amendment starts from Thursday January 9 and will end on Thursday February 13. The amendment will then take place, subject to market feedback, on February 18.
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 Angeline Shi by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Angeline Shi, 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 Proposal to amend publication time of exw China battery-grade lithium carbonate, hydroxide assessments: pricing notice appeared first on Fastmarkets.
