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
Fastmarkets has corrected its AG-CH-0021 Hides, Brazil Frigorificos full-substrate wet-blue, TR2, green, cfr Brazil, 46-48kg, $/sq ft, which was published incorrectly on December 5, 2024.
Get the key takeaways from our recent webinar on the global outlook for the battery raw materials (BRM) market in 2025.
Following an extended consultation period, Fastmarkets is launching two prices assessments for ferro-nickel with 20-25% nickel contained both on an outright basis and a premium/discount basis. These prices aim to provide greater transparency to the CIF China ferro-nickel market and a broader reference for participants and will complement  Fastmarkets’ exisiting high grade ferro-nickel, 26-32% Ni contained […]
Fastmarkets has corrected the publication dates for its FP-GP-0153 newsprint 45g CIF India and FP-GP-0158 newsprint 42g CIF India price assessments, which were published incorrectly on September 6.
Europe’s hopes of an independent battery supply chain are in jeopardy, some market participants said, after a recent spate of company announcements that were widely regarded as bearish for the burgeoning sector.
Fastmarkets is to amend the timing window for its MB-AL-0381 aluminium low-carbon differential P1020A from Friday December 6.