The proposal follows preliminary discussions with the market, which suggests illiquidity and a lack of production for the commodity.
Specifically, Fastmarkets is proposing to discontinue:
MB-LI-0038 Lithium hydroxide monohydrate LiOH.H2O, 56.5% LiOH min, technical and industrial grade, spot price range exw domestic China, yuan/tonne
Quality: LiOH 56.5% min (qualified for use in technical and industrial applications). Powder
Quantity: Min 5 tonnes
Location: Ex-works China, VAT included
Timing: 30 days
Unit: CNY/tonne
Publication: Weekly, Thursday 3-4pm London time
This price is a part of the Fastmarkets battery raw material price package
The consultation period for this price discontinuation begins on Thursday September 26 and will end on Friday October 25, with changes taking place, subject to market feedback, from Thursday October 31.
All short-term forecasts associated with this price produced by the Fastmarkets research team, if any, will also be discontinued.
To provide feedback on the proposal to discontinue price or if you would like to provide price information by becoming a data submitter to this price, please contact Jingtai Lun by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Jingtai Lun, re: China lithium hydroxide.”
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 fourth paragraph had erroneously stated the full name, the price symbol and the specifications for China’s battery grade hydroxide price when this report was first published. This has been corrected to the full name, the price symbol and the specifications for China’s technical grade lithium hydroxide price.)
