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Pricing Notice: Change of frequency of lithium contract prices assessment

By Martim Facada
Published: Thursday, 02 November 2017

After a consultation period with market participants which ended November 1, Industrial Minerals has changed the assessment and publication frequency of its lithium contract prices from weekly to monthly.

As proposed in the pricing notice published on 20 September, Industrial Mineral's prices for lithium carbonate and lithium hydroxide traded on a contract basis will be published on the last Wednesday of each month with effect from 1 November.

The first monthly market assessment will be conducted on November 29, 2017.

While no formal feedback was submitted to Industrial Minerals, during informal conversations some industry participants expressed support for the proposal.

The affected markets are as follows:

CARBONATE

Asia
  • Lithium carbonate, min 99-99.5% LiC2O3, large contracts, packed in bags, CIF Asia, $/kg
  • Lithium carbonate, min 99% Li2CO3, technical and industrial grades, contract prices CIF China, Japan & Korea, $/kg
  • Lithium carbonate, min 99.5% Li2CO3, battery grade, contract prices CIF China, Japan & Korea, $/kg*
  • Lithium hydroxide monohydrate, min 56.5% LiOH, technical and industrial grades, contract prices CIF China, Japan & Korea, $/kg

Europe

  • Lithium carbonate, min 99% Li2CO3, technical and industrial grades, contract prices DDP Europe and US, $/kg
  • Lithium carbonate, min 99.5% Li2CO3, battery grade, contract prices DDP Europe and US, $/kg*

US

  • Lithium carbonate, min 99-99.5% LiC2O3, large biannual contracts, del continental US, $/kg
  • Lithium carbonate, large quarterly contracts, min 99-99.5%, del continental US, $/kg

HYDROXIDE

Asia
  • Lithium hydroxide monohydrate, min 56.5% LiOH, battery grade, contract prices CIF China Japan & Korea, $/kg*

Europe & US

  • Lithium hydroxide, 56.5-57.5% LiOH, large contracts, packed in drums or bags, del Europe or US, $/kg
  • Lithium hydroxide, 56.5-57.5% LiOH, Chinese, packed in drums or bags, large contracts, del Europe, $/kg*
  • Lithium hydroxide 56.5-57.5% LiOH, quarterly contracts, packed in drums or bags, del Europe or US $/kg*
  • Lithium hydroxide monohydrate, min 56.5% LiOH, technical and industrial grades, contract prices DDP Europe and US, $/kg
  • Lithium hydroxide monohydrate, min 56.5% LiOH, battery grade, contract prices DDP Europe and US, $/kg*


Reducing the assessment of the lithium contract prices to a monthly basis is part of Industrial Mineral's strategy to strengthen the coverage of the global lithium carbonate market- a sector IM has been tracking since the 1980's.

To provide feedback on these price or if you would like to provide price information by becoming a data submitter to this price, please contact Martim Facada or Barbara O'Donovan by email at:pricing@indmin.com.

*This grade is only available to subscribers of the Battery Price Report, a weekly battery raw materials newsletter published by Industrial Minerals and Metal Bulletin.



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