Trade log June 2019: Lithium

June 07, 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 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 June 03 was 72,000 yuan to $10,424.

Thursday June 06 - 72,000-77,000 yuan per tonne
Offer of 20 tonnes indicated at 75,000-79,000 yuan
Sale indicated at 77,000-78,000 yuan
Purchase of 30 tonnes indicated at 74,000-75,000 yuan
Purchase of 10 tonnes indicated at 74,000 yuan
Offer indicated at 74,000 yuan
Prices indicated at 74,000-78,000 yuan
Prices indicated at 74,000-77,000 yuan
Prices indicated at 72,000-77,000 yuan
Prices indicated at 74,000-75,000 yuan
Deal heard at 72,000-73,000 yuan
Prices indicated at 70,000-72,000 yuan
Prices indicated at 70,000-72,000 yuan

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

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