Amendment to publication time of exw China battery-grade lithium carbonate, hydroxide assessments: pricing notice

After a one-month consultation period, Fastmarkets has decided to amend the publication time of its MB-LI-0036 lithium carbonate 99.5% Li2CO3 min, battery grade, spot price range exw domestic China and MB-LI-0040 lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, spot price range exw domestic China assessments, from 4:00pm London time to 7:00pm Shanghai time.

The change in publication time, which kicks in on Tuesday February 18, followed market feedback that the previous publication time was not optimal in its alignment with the operational hours of the Chinese market. The adjustment will enhance the relevance and efficiency of pricing through a better reflection of the activity within the local market.

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.

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.

What to read next
The decision follows a one-month consultation period which ended on Monday June 15. Fastmarkets had also proposed to clarify the names of the four containerboard assessments: As part of the process of standardizing price nomenclature for forest products, their names will be as follows: The prices are part of the Fastmarkets Paper Packaging price package. To provide […]
The decision follows a one-month consultation period which ended on Monday June 15. South China, which includes the provinces of Guangdong, Guangxi and Fujian, accounts for 25 million tonnes of containerboard capacity annually, about a quarter of China’s total, according to Fastmarkets’ database. The region also holds around one-third of the nation’s corrugated converting capacity and […]
Fastmarkets has corrected its FP-PLP-0016 Pulp, fluff (US southern kraft, untreated, rolls), delivered US East, $/tonne, and FP-PLP-0009 Pulp, fluff, US southern kraft untreated rolls, cif Europe, $/tonne, which were published incorrectly on Friday June 12.
Fastmarkets is proposing to change the names of six current softwood pallet prices and add 102 new softwood pallet price assessments covering the North American market, effective July 29.
The price assessment of AG-CCN-0003 crude coconut oil, fob Philippines, $/tonne will be published as normal for June 17.
Fastmarkets has corrected its CBAM Certificate Builder, €/tCO2e and CBAM Certificate Index, €/tCO2e for June 15 due to a backend calculation error.