Fastmarkets consults market on CJK lithium methodology

Fastmarkets has noted that price ranges have been relatively broad over the past year. Upon analysis of the collected data, we attribute this disparity primarily to lower CIF China prices when compared with CIF Korea and CIF Japan prices. Variations in the application of China’s value-added tax, import tariffs, freight costs, and other fees contribute to the observed gap between China and the other two locations on a CIF basis.

Fastmarkets currently assesses imports into all three countries at parity.

Following this public feedback period, Fastmarkets may propose a change to its lithium methodology. Any such proposed change would have a public feedback period ahead of a decision.

Please send your feedback by January 31.

To provide feedback on this consultation, or if you would like to provide price information by becoming a data submitter to these prices, please contact pricing@fastmarkets.com and industrialminerals@fastmarkets.com. Please add the subject heading “re: CJK lithium.”

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 the Fastmarkets methodology page.