Fastmarkets NewGen Industrial Minerals short-term forecasts

Understand the short-term dynamics in the lithium market

The industrial minerals markets, notably the lithium market, are moving fast and present supply and price risks to market participants and investors. Although existing supply is likely to support near-term electric vehicle (EV) and energy storage system (ESS) demand, the combination of elevated prices and the greater use of indexation introduces significant price risk. This places a premium on gaining clarity on price dynamics, changes in volumes from existing projects and any new supply from new projects.

Whether the priority is to optimize buying and selling strategies, understand the best contract structures or mitigate risks, the Fastmarkets NewGen Industrial Minerals Short-Term Forecasts give market participants the ability to translate clarity to financial performance.


The Fastmarkets NewGen Industrial Minerals short-term forecasts include:

  • 2-year price forecasts for lithium carbonate and hydroxide domestic China and seaborne Asian prices 
  • Market dynamics and sentiment for a booming EV market, including regional developments and EV take-up by region 
  • In-depth analysis of pricing mechanisms including spot, contract, or formula-based spodumene prices 
  • Average monthly spot price allowing the calculation of the value of contracts using the Fastmarkets lithium benchmarks over their term
More short-term forecasts
We also offer short-term forecasts for minor metals, click here to find out more
    Strips of solar panels

    Would you like to speak to one of our experts or request a product demo?

    We recognize the importance of being clear about our price assessment and index process. Our independently audited pricing process aligns with core IOSCO principles. Read more about the industrial minerals short-term forecast methodology and price specifications here.

    Browse industrial minerals market insights

    Read some of the latest market coverage from our team of price reporters, researchers and editorial team from across the globe

    China’s lithium prices continued to trend downward amid weak demand and futures weakness over the week to Thursday July 25

    Persistently high import volumes of lithium carbonate into China have intensified oversupply in the country’s domestic market for the material at a time when demand remains weak, sources told Fastmarkets on Tuesday July 23

    Rapidly expanding capacity for the recycling of lithium-ion batteries in the United States and Canada has raised worries over the supply of raw materials to feed processors in the region, sources have told Fastmarkets

    More Fastmarkets NewGen products to help you

    Keep on top of volatility with battery materials news and intel

    Trade on market-reflective prices

    Gain a competitive edge in the emerging battery recycling market

    Providing greater transparency into the cost of key Li-ion cell components

    Fastmarkets’ energy events give you a front-row seat to one of the most dynamic and critical markets in today’s economy as we make the strategic transition to a low-carbon economy.

    Enable risk management using futures contracts