Trade log November 2018: Lithium

Trade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets.

Unless otherwise stated, all prices are per tonne on an ex-works China basis. Delivered prices are netted back.

Fastmarkets prices 
Click here for Fastmarkets price assessment for lithium carbonate min 99.5% Li2CO3 battery grade, spot price range, ex-works China, yuan per tonne.

Fastmarkets' lithium trade logs are available on a weekly basis every Friday after the weekly spot market assessments conducted every Thursday at 4pm. As per our methodology, Fastmarkets takes into account minimum lot sizes of 5 tonnes to capture the price in the Chinese domestic spot market.

In addition to its weekly assessment, Fastmarkets also publishes a lithium index  – a tonnage weighted average where the greatest weighting is given to concluded transactions.

The exchange rate according to Oanda.com on Monday November 26 was 74,000 yuan to $10,648.

Thursday November 29 - 74,000-83,000 yuan per tonne
40 tonnes sold at 83,000 yuan
5 tonnes offered at 81,000 yuan
Offer reported at 83,000 yuan
Offer reported between 80,000-85,000 yuan
Prices indicated between 82,000-83,000 yuan
Prices indicated between 78,000-80,000 yuan
Prices indicated between 78,000-80,000 yuan
Prices indicated between 74,000-80,000 yuan
Prices indicated between 75,000-78,000 yuan
Prices indicated between 74,000-78,000 yuan
Prices indicated at 76,000 yuan

Thursday November 22 - 74,000-83,000 yuan per tonne
40 tonnes sold at 83,000 yuan
28 tonnes sold between 81,000-82,000 yuan
10 tonnes purchased at 76,000 yuan
Offer reported at 85,000 yuan
Offer reported between 83,000-85,000 yuan
Prices indicated between 75,000-85,000 yuan
Prices indicated between 74,000-83,000 yuan
Prices indicated between 74,000-83,000 yuan
Prices indicated between 78,000-80,000 yuan
Prices indicated between 74,000-80,000 yuan
Prices indicated between 74,000-80,000 yuan

Thursday November 15 - 74,000-83,000 yuan per tonne
100 tonnes sold at 83,000 yuan
10 tonnes sold between 81,000-82,000 yuan
1 Tonne sold between 85,000-86,000 yuan (outlier)
Offer reported at 85,000 yuan
Offer reported at 85,000 yuan
Prices indicated for 20 tonnes between 75,000-85,000 yuan
Prices indicated between 74,000-83,000 yuan
Prices indicated between 78,000-80,000 yuan
Prices indicated between 78,000-80,000 yuan
Prices indicated between 74,000-78,000 yuan
Prices indicated at 78,000 yuan

Thursday November 8 - 74,000-83,000 yuan per tonne
20 tonnes sold at 80,000 yuan
Prices indicated between 80,000-83,000 yuan
Prices indicated between 76,000-83,000 yuan
Prices indicated between 74,000-83,000 yuan
Prices indicated between 74,000-83,000 yuan
Prices indicated at 80,000 yuan
Prices indicated between 74,000-78,000 yuan
Prices indicated between 75,000-77,000 yuan

Thursday November 1 - 74,000-83,000 yuan per tonne
30 tonnes sold at 83,000 yuan
Offer reported at 85,000 yuan
Prices indicated between 74,000-83,000 yuan
Prices indicated at 80,000 yuan
Prices indicated at 80,000 yuan
Prices indicated between 78,000-80,000 yuan
Prices indicated between 78,000-80,000 yuan
Prices indicated between 74,000-80,000 yuan
Prices indicated between 74,000-80,000 yuan
Prices indicated between 74,000-78,000 yuan

Learn more about Fastmarkets' lithium pricing methodology here and see the lithium price spotlight here.

Martim Facada

martim.facada@indmin.com

Carrie Shi

Carrie.shi@indmin.com

Published

Martim Facada

Carrie Shi

November 30, 2018

13:40 GMT

London, Beijing