Correction to pricing rationale of lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, spot price cif China, Japan & Korea

Fastmarkets has corrected the pricing rationale for MB-LI-0033 lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, spot price cif China, Japan & Korea, $/kg, which was published incorrectly on Tuesday March 12. No prices were corrected.

The rationale was corrected to show that the top end of the range fell, pegged to an indication, as well as the top end of a deal.

The rationale after amendments is as below:

Fastmarkets’ price assessment for lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, spot price cif China, Japan & Korea was $12.5-13.75/kg on Tuesday March 12, down from $13-14/kg previously.

A deal was reported at $13.65-13.75 per kg.

No offers or bids were reported.

Market participants provided their indications variously between $12.5-13.75/kg.

Any data received under Data Submitter Agreements or subject to a confidentiality request will not be published.

Low end fell, pegged to an indication.

Top end fell, pegged to an indication and the top end of a deal.

Spot prices fell in this session with a deal reported at the top end. Consumer demand remained limited.

For more information, or to provide feedback on this correction notice, or if you would like to provide price information by becoming a data submitter to these prices, please contact Justin Yang by email at: pricing@fastmarkets.com. Please add the subject heading: “FAO: Justin Yang Re: lithium hydroxide cif CJK.”

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.

What to read next
Fastmarkets invited feedback from the industry on the pricing methodology for its MB-STE-0939 steel scrap HMS 1&2 index, domestic composite, delivered Saudi Arabia assessment, as part of its annual methodology review process.
Fastmarkets has corrected the MB-ALU-0002 Alumina index, fob Australia, $/tonne and its inferred prices, which were published incorrectly on Wednesday April 15 due to a data input error.
Fastmarkets has published a list of Frequently Asked Questions (FAQs) to accompany its proposal to reset gross/effective list price indices and assessments in Europe and North America.
The launch follows a one-month consultation period which ended on April 6. The two prices will broaden coverage of the world’s largest graphite flake market, complementing existing Fastmarkets’ graphite flake offerings. The new Chinese domestic prices will provide market participants with additional reference points, capturing unique dynamics of Chinese graphite market, particularly in the wake of graphite export controls […]
The publication of Fastmarkets’ European steel beams and sections assessments for Wednesday April 15 was delayed due to a reporter error. Fastmarkets’ pricing database has been updated.
Fastmarkets has launched a suite broker/processor and ex-works prices to service the domestic and export Mexican stainless steel scrap markets respectively.