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Any data received under Data Submitter Agreements or subject to a confidentiality request will not be published.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