Trade log July 2019: Lithium

July 06, 2019 / www.metalbulletin.com / Article Link

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 99.5% Li2CO3 min, battery grade, spot price range, exw domestic China, yuan/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 on Monday July 1 was 70,000 yuan to $10,192.

Thursday July 04 - 70,000-74,000 yuan per tonne
Purchase of 10 tonnes indicated at 70,000 yuan
Offer of 20 tonnes at 74,000 yuan
Offer indicated at 73,000-74,000 yuan
Offer indicated at 73,000 yuan
Bid at 68,000-70,000 yuan
Prices indicated at 73,000-74,000 yuan
Prices indicated at 70,000-74,000 yuan
Prices indicated at 70,000-74,000 yuan
Prices indicated at 70,000-73,000 yuan
Prices indicated at 70,000-73,000 yuan
Prices indicated at 70,000-73,000 yuan
Prices indicated at 70,000-72,000 yuan
Prices indicated at 70,000 yuan

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

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