May 2019

Lithium spodumene, global contract prices decline

Lithium spodumene prices have fallen by 2.3% in Asia over the past month, reacting to declines in lithium carbonate and hydroxide prices in China, against which the lithium spodumene price is calculated.

Trade log May 2019: Cobalt

Cobalt trade log including business, bids and offers reported to Fastmarkets.

BATTERY RAW MATERIALS MARKET REPORT 31/05: Cobalt hydroxide payables under pressure against relative strength in metal

An overview of the battery raw materials markets and their latest price moves.

GLOBAL LITHIUM WRAP: Seaborne Asian hydroxide price softens on buyer reticence; rest of world steady

The cif China, Japan and Korea battery-grade lithium hydroxide price fell by 3.3% in the week to Thursday May 30 due to buyer reluctance at current prices, while the Chinese domestic lithium market held steady, with downstream consumers buying on a hand-to-mouth basis.

PRICING NOTICE: Amendment to specifications of standard-grade cobalt price assessment

Fastmarkets has amended the specifications of its standard-grade cobalt price assessment to include grade-1 and grade-2 Norilsk cut cathodes within its list of accepted cobalt brands.

Trade log May 2019: Lithium

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

Cobalt sellers cut offers to secure larger-volume consumer business

Cobalt prices fell in the first half of the week after slow consumer demand and strong discounts on long-term contracts incited aggressive offers from sellers.

CHINA COBALT SNAPSHOT: Thin demand dampens Chinese cobalt salts market

Key data from the Wednesday May 29 pricing session in Shanghai.

FOCUS: Umicore’s moves to secure battery materials chain reassure oversupplied cobalt market

Opportunities to lock in long-term sales of cobalt hydroxide – and diversify a customer base outside of China in the process – are too appealing to pass by in a market still feeling the effects of a ramp-up in intermediates supply.

Where is the lithium market ahead of the 11th Lithium Supply & Markets conference?

Fastmarkets looks at recent developments in the lithium industry and key topics likely up for discussion at the 11th Lithium Supply & Markets conference in Santiago, Chile, on June 10-12.