PRICING NOTICE: Discontinuation of three lithium contract prices

By Dalila Ouerghi
Published: Tuesday, 10 November 2020

Fastmarkets has discontinued the publication of three lithium contract price assessments with effect from Tuesday November 10.

The three prices now discontinued are:

MB-LI-0004 Lithium hydroxide 56.5-57.5% LiOH.H2O, large contracts, packed in drums or bags, delivered Europe/US

MB-LI-0006 Lithium carbonate 99-99.5% Li2CO3 min, large biannual contracts, del continental US

MB-LI-0010 Lithium carbonate 99-99.5% Li2CO3 min, large contracts, packed in bags, cif Asia

After a one-month consultation period, Fastmarkets has decided to discontinue these price assessments because it understands that they are not reflective of current pricing dynamics in the lithium sector.

The above-mentioned prices were not assessed as individual grades but were inferred using the price assessments of other standalone contract price assessments.

As a result, the discontinuation of these inferred price assessments will not change the value offering for Fastmarkets’ subscribers because the base price assessments will continue to be published.

Fastmarkets understands that the remaining lithium contract price assessments published are the most representative of the existing lithium market structure.

If you have any comment on the discontinuation of these assessments, or if you would like to provide price information by becoming a data submitter to these prices, please contact price reporters Dalila Ouerghi or Carrie Shi by email at pricing@fastmarkets.com.

Please add the subject-line "FAO: Dalila Ouerghi/Carrie Shi, re: Discontinuation of three lithium contract prices."

To see all Fastmarkets’ methodology and specification documents, go to: https://www.fastmarkets.com/about-us/methodology.



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