Trade log October 2018: Lithium

October 13, 2018 / 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 October 8 was 72,000 yuan to $10,480.

Thursday October 11 - 72,000-80,000 yuan per tonne
200 tonnes purchased between 73,000-75,000 yuan
100 tonnes sold at 72,000 yuan
30 tonnes sold between 78,000-80,000 yuan
20 tonnes sold between 75,000-80,000 yuan
5 tonnes purchased at 78,000 yuan (outlier)
Offer of material between 73,000-74,000 yuan
Prices indicated between 75,000-80,000 yuan
Prices indicated between 75,000-80,000 yuan
Prices indicated between 70,000-78,000 yuan
Prices indicated between 70,000-78,000 yuan
Prices indicated between 75,000 yuan
Prices indicated between 70,000-80,000 yuan
Prices indicated between 70,000-75,000 yuan

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

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