Narrowing gap between spot, contract lithium prices underline supply tightness, price evolution

By Dalila Ouerghi
Published: Wednesday, 16 June 2021

The gap between lithium spot and contract prices have narrowed significantly in 2021, which is the result of tight availability along the lithium supply chain and price evolution, market sources said.

For example, Fastmarkets’ monthly assessment of the lithium hydroxide monohydrate 56.5% LiOH.H2O min, battery grade, contract price cif China, Japan & Korea was $12.50-13.50 per kg on May 26, an increase of $1 per kg (8.3%) from $11.50-12.50 per kg a month earlier. The assessment for the equivalent lithium carbonate...

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