Open consultation on cobalt sulfate, spodumene, graphite price assessments – final decision

Fastmarkets invited feedback from the industry on the pricing methodology for cobalt sulfate, spodumene and graphite price assessments via an open consultation process between April 13 and May 18, 2023. This consultation was done as part of our published annual methodology review process.

No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage.

This consultation sought to ensure that our methodologies continue to reflect the physical market under assessment, 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.

You can find the current methodologies for the prices listed below at this link.

MB-LI-0012 – Spodumene, min 6% Li2O, spot price, cif China, $ per tonne
MB-CO-0017 – Cobalt sulfate, 20.5% Co basis, exw China, yuan per tonne
MB-GRA-0042 – Graphite flake 94% C, -100 mesh, fob China, $ per tonne
MB-GRA-0036 – Graphite spherical 99.95% C, 15 microns, fob China, $ per tonne

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

What to read next
The publication of Fastmarkets’ EU alloy steel scrap price assessments for Wednesday December 24 was delayed because of a procedural lapse.
Fastmarkets is proposing changes to its AG-SYB-0032 Soyoil cfr India $/mt and AG-SSD-0001 Sunoil cif India $/mt assessments with effect February 9, 2026. It is also clarifying the timing of the roll date for several assessments.
Fastmarkets includes additional EU Carbon Border Adjustment Mechanism (CBAM) costs in its price assessments for ferro-chrome, delivered Europe, effective January 1, 2026, when the definitive period of CBAM began.
The publication of Fastmarkets’ price assessments of calcined alumina on January 2 was delayed due to a procedural error. Fastmarkets’ pricing database has been updated.
Fastmarkets’ price assessments for green Douglas fir and southern yellow pine (SYP) lumber were published earlier than scheduled on Thursday January 8 due to a reporter error. The assessments were published at 1.30pm Pacific Time instead of the scheduled time of 3:30pm Pacific Time.
The three price assessments cover three trade regions, North, West and South India, for India’s 120 gsm, 18-22 BF grade recycled testliner. After a one-month consultation period which ended on Monday January 5, Fastmarkets has decided to launch the three new containerboard prices to enhance its coverage of the Indian market. India’s fast-growing economy, powered by […]