How we assess our lithium prices
As a leading provider of trusted pricing intelligence and benchmarks to the metals and mining industry, our prices are relied upon globally to bring transparency to many markets.
Our IOSCO-compliant price assessment process provides you with market-reflective insight into the actual spot market price at that given point in time.
This widely acknowledged methodology has led us to become the primary source for pricing across a wide-range of commodity markets.
Our methodologies are designed to reflect standard industry practices and do not incorporate the use of trade flows to establish spot prices, instead implementing a more real-time pricing technique allowing for a robust determination as to the precise level of commodity markets.
The process is aligned with IOSCO principles and is regularly audited by PwC. We are the first price reporting agency to achieve Type 1 accreditation for our lithium prices. Learn more here.
We publish lithium prices that were originally created and published by Fastmarkets IM, our industrial minerals division that has been reporting on and pricing the lithium markets since 1988. Fastmarkets IM will continue to publish these battery-grade lithium prices and others relating to technical grades of lithium
Fastmarkets MB battery grade lithium price specifications
Lithium carbonate min 99.5% Li2CO3 battery grade spot price US$ per kg cif China, Japan & South Korea
| Origin: |
|
Main Chinese Japanese & South Korean ports (other ports normalized) |
| Basis: |
|
Cost, insurance & freight |
| Delivery window: |
|
60 days |
| Min lot size: |
|
5 tonnes |
| Quality: |
|
Min 99.5% Li2CO3 (delivery of Min 99.2% Li2CO3 also accepted, qualified for use in battery applications) |
| Form: |
|
Powder |
| Publication: |
|
Weekly, Thursday 4pm London
|
Lithium carbonate min 99.5% Li2CO3 battery grade spot price yuan per tonne, ex works China
| Origin: |
|
China |
| Basis: |
|
Ex-works, VAT included |
| Delivery window: |
|
30 days |
| Min lot size: |
|
5 tonnes |
| Quality: |
|
Min 99.5% Li2CO3 (delivery of Min 99.2% Li2CO3 also accepted, qualified for use in battery applications) |
| Form: |
|
Powder |
| Publication: |
|
Weekly, Thursday 4pm London |
Lithium hydroxide monohydrate min 56.5% LiOH.H2O battery grade spot price US$ cif China, Japan & South Korea
| Delivery port: |
|
Main Chinese Japanese & South Korean ports (other ports normalized) |
| Basis: |
|
Cost, insurance and freight |
| Delivery window: |
|
60 days |
| Min lot size: |
|
5 tonnes |
| Quality: |
|
Min 56.5% LiOH.H2O (qualified for use in battery applications) |
| Form: |
|
Powder |
| Publication: |
|
Weekly, Thursday 4pm London |
Lithium hydroxide monohydrate min 56.5% LiOH.H2O battery grade spot price yuan per tonne, ex works China
| Origin: |
|
China |
| Basis: |
|
Ex-works, VAT included |
| Delivery window: |
|
30 days |
| Min lot size: |
|
5 tonnes |
| Quality: |
|
Min 56.5% LiOH.H2O (qualified for use in battery applications) |
| Form: |
|
Powder |
| Publication: |
|
Weekly, Thursday 4pm London |
Spodumene min 5-6% Li2O, CIF China, $/tonne
| Origin: |
|
China |
| Basis: |
|
Cost, insurance and freight |
| Quality: |
|
Min 5-6% Li2O |
| Form: |
|
Spodumene concentrate |
| Publication: |
|
Monthly, last Wednesday of the month between 3pm and 4pm London |
Other battery grade lithium prices
We provide prices and insights for other battery grade lithium prices through our Fastmarkets IM service.
