PRICING NOTICE: Discontinuation of three lithium contract prices
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 email@example.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.