Lithium at the LME


Following extensive consultation with the lithium industry, the London Metal Exchange is partnering with price reporting agency Fastmarkets to promote market acceptance of Fastmarkets’ lithium reference prices. Continued adoption of reference pricing across the industry will pave the way for the launch of an LME lithium futures contract.

The weekly midpoint prices for two of Fastmarkets MB's key assessments for lithium carbonate and lithium hydroxide will be published on this page each Friday.

Fastmarkets MB Lithium carbonate: min 99.5% Li2CO3 battery grade, spot prices CIF China, Japan & Korea, $/kg

(MIDPOINT)

Date Price (US$ per kilogram) 
18 October 2019  10.00 
10 October 2019 10:00
03 October 2019 10.00
26 September 2019 10.00

Fastmarkets MB Lithium hydroxide monohydrate: min 56.5% LiOH2O battery grade, spot prices CIF China, Japan & Korea, $/kg)

(MIDPOINT)

Date Price (US$ per kilogram) 
18 October 2019  12.00 
10 October 2019 12.00
03 October 2019 12.00
26 September 2019 12.00

Fastmarkets MB price assessment specifications

How does Fastmarkets MB use defined pricing procedures combined with an independent market perspective and information direct from the market to produce industry leading price assessments? Find out here.

Fastmarkets MB Lithium methodology and price specifications

Fastmarkets blog - What does it mean to be a 'data submitter' and contribute to Fastmarkets' price discovery?



Useful resources

Fastmarkets - Charging up: lithium prices you can rely on

LME News - LME progresses plan to provide pricing solutions for the lithium industry

Fastmarkets news - Fastmarkets' lithium partnership with the LME - FAQs

Fastmarkets blog - Why index pricing is crucial for the lithium supply chain

Fastmarkets news - A message from Raju Daswani, Fastmarkets CEO, on Fastmarkets lithium partnership with the LME

Fastmarkets news - Fastmarkets partners with the LME to develop lithium price benchmark



Events

You can find out more about our lithium plans from these upcoming events and webinars:

Fastmarkets webinar - What's driving the battery raw materials markets?
15:00 (London time), 18 September 2019
Register to dial in live or listen to the recording

LME Focus Day - Battery Materials session
08:45 (London time), 31 October 2019
The battery materials session will discuss the growth of the EV industry and the impact on electric vehicle battery (EVB) materials, with focus on cobalt and lithium. We will also be sharing updates on the LME offering for EVB materials.

Contact us

For further information please email our Sales team.