PRICING NOTICE: Discontinuation of lithium carbonate index, exw China
Published: Monday, 05 October 2020
Fastmarkets has discontinued the publication of its lithium carbonate index, exw China, with effect from October 5.
Following a consultation period, Fastmarkets has decided to
discontinue the MB-LI-0042 lithium carbonate index, min 99.5%
Li2O3, battery grade, ex-works China, due to its other
price assessments for the battery-grade lithium market emerging
as the industry 's preferred benchmarks.
The consultation period, which started on
September 1, ended on October 2 with changes taking place
from October 5.
The lithium carbonate index, exw China, was published weekly
on a yuan per tonne basis and was a tonnage weighted average,
calculated using the same data collected to inform the price
assessment for lithium carbonate 99.5% Li2CO3 min, battery
grade, spot price range, exw domestic China.
Price discovery for the price assessment will not change as
a result of the index’s discontinuation.
The index is not used or referred to on a large scale, and
Fastmarkets’ price assessments for battery-grade
lithium compounds assessed on a cif China, Japan and Korea
basis are emerging as the frontrunners to be industry
If you have any comment on the discontinuation of this
index, or if you would like to provide price information by
becoming a data submitter to the index, please contact Carrie
Shi by email at firstname.lastname@example.org.
Please add the subject heading 'FAO: Carrie Shi re: lithium
To see all of Fastmarkets’ pricing methodology
and specification documents, go to https://www.fastmarkets.com/about-us/methodology.