Launch of Chinese domestic battery-grade manganese sulfate price assessment

Fastmarkets will launch a manganese sulfate 32% Mn min, battery grade, ex-works mainland China price assessment on Thursday September 1.

The launch of this price assessment follows a consultation period that ended on Friday August 26.

The price specification will be as follows:

MB-MN-0008 Manganese sulfate 32% Mn min, battery grade, ex-works mainland China, yuan/tonne
Quality: Powder, accepted by buyer for use in battery applications and with the chemical composition Mn 32% min, Fe 0.001% max, Zn 0.001% max, Cu 0.001% max, Pb 0.001% max, Cd 0.0005% max, K 0.01% max, Na 0.01% max, Ca 0.01% max, Mg 0.01% max, Ni 0.005% max, Co 0.005% max, insoluble residue 0.01% max, PH 4.0-6.5
Quantity: Min 32 tonnes
Location: Ex-works mainland China-excludes Taiwan Region, Hong Kong SAR and Macao SAR
Unit: yuan/tonne
Payment terms: Cash, other terms normalized
Publication: Weekly, Thursday 2-3pm London time

Battery-grade manganese sulfate is the manganese chemical used in lithium-ion batteries, particularly those using nickel-manganese-cobalt (NMC) cathode. The NMC cathode is a significant cathode in the electric-vehicle (EV) market.

China accounts for around 90% of global supply of battery-grade manganese sulfate. Market sources expect an increased demand for this battery raw material in the foreseeable future, considering the expanding downstream cathode materials market in the country amid an evolving EV industry.

Therefore, covering battery-grade manganese sulfate would provide insight into this market.

The price assessment would also be highly complementary to Fastmarkets’ existing coverage of new energy raw materials, such as nickel, lithium and cobalt.

To provide feedback on this price, or if you would like to provide price information by becoming a data submitter to the manganese sulfate price, please contact Ruby Liu by email at pricing@fastmarkets.com. Please add the subject heading “FAO: Ruby Liu re: China battery-grade manganese sulfate price assessments.”

To see all of Fastmarkets’ pricing methodology and specification documents, go to https://www.fastmarkets.com/about-us/methodology.

What to read next
Following an extended period for feedback regarding Random Lengths and Random Lengths International prices and methodologies, Random Lengths has decided to move forward with a pair of alterations to the lumber and panel reports.
Fastmarkets FOEX would like to thank those who took the time to respond to the consultation. Fastmarkets FOEX did not propose any changes to the methodology. The feedback was fully supportive of the current methodology. To summarize, this open consultation does not lead to material changes in the current methodology. A newly dated methodology document […]
Fastmarkets launched a new price assessment for MB-GER-0006 germanium dioxide, in-whs China, on Friday May 10.
The publication of Fastmarkets’ lithium carbonate 99.5% Li2CO3 min, battery grade, spot price cif China, Japan & Korea and lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, spot price cif China, Japan & Korea assessments for Thursday May 16 were delayed because of incorrect methodology application.
This consultation, which is open until June 12, 2024, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. Please find […]
Fastmarkets proposes to lower the threshold for the carbon emissions content for its weekly green steel premium and daily inferred green steel price in Europe.