MethodologyContact usLogin
The consultation, which is open until May 17, 2024, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for lithium and spodumene, 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.Our lithium and spodumene methodology can be found here: https://www.fastmarkets.com/methodology/metals/lithiumThe prices subject to this annual review are as follows:MB-LI-0019: Lithium carbonate 99% Li2CO3 min, technical and industrial grades, spot price ddp Europe, $ per kgMB-LI-0021: Lithium hydroxide monohydrate LiOH.H2O, 56.5% LiOH min, technical and industrial grades, spot price ddp Europe, $ per kgMB-LI-0023: Lithium carbonate 99.5% Li2CO3 min, battery grade, spot price ddp Europe, $ per kgMB-LI-0025: Lithium hydroxide monohydrate LiOH.H2O, 56.5% LiOH min, battery grade, spot price ddp Europe, $ per kgMB-LI-0029 Lithium carbonate 99.5% Li2CO3 min, battery grade, spot prices cif China, Japan & Korea, $/kgMB-LI-0036 Lithium carbonate 99.5% Li2CO3 min, battery grade, spot price range exw domestic China, yuan/tonneMB-LI-0033 Lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, spot price cif China, Japan & Korea, $/kgMB-LI-0040 Lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, spot price range exw domestic China, yuan/tonneMB-LI-0012 Spodumene min 6% Li2O, spot price, cif China, $/tonneSeparately, Fastmarkets proposes to amend the frequency and publication time of MB-LI-0012 Spodumene min 6% Li2O, spot price, cif China, $/tonne. The proposed amendments will see the frequency of the price change from twice weekly to daily, and the publication time move from 3-4pm London time to 1pm London time.To provide feedback on the annual review of the above-listed prices, please contact pricing@fastmarkets.com. Please add the subject heading ‘FAO: Callum Perry, Justin Yang, re: audited lithium IOSCO methodologies.’Please specify if your response is confidential. Opinions offered in confidential responses may be referenced but will not be attributed in any way.Fastmarkets will publish the outcome of this annual review by May 17, 2024, including a summary of the feedback — with the exception of those responses marked as confidential. Any proposals to make material changes, discontinue or launch prices will involve a separate market consultation, the length of which will depend on how substantial the change is for the industry.To see all Fastmarkets’ pricing methodology and specification documents go to: https://www.fastmarkets.com/about-us/methodology.