Trade log November 2019: Lithium

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 China, yuan/tonne.

Fastmarkets lithium trade logs are available on a weekly basis 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 November 18 was 52,000 yuan to $7,441.

Thursday November 21 – 52,000-55,000 yuan per tonne
Offer reported at 55,000-57,000 yuan
Offer reported at 58,000 yuan
Purchase of 10 tonnes at 54,000 yuan
Sale reported at 55,000-56,000 yuan
Sale reported at 55,000 yuan
Deal heard at 52,000 yuan
Price indicated at 53,000-55,000 yuan
Price indicated at 54,000-55,000 yuan
Price indicated at 52,000-55,000 yuan
Price indicated at 52,000-55,000 yuan
Price indicated at 52,000-55000 yuan
Price indicated at 52,000-55,000 yuan

Thursday November 14 – 53,000-56,000 yuan per tonne
Offer reported at 56,000 yuan
Offer reported at 58,000 yuan
Price indicated at 53,000-56,000 yuan
Price indicated at 53,000-55,000 yuan
Price indicated at 53,000-55,000 yuan
Price indicated at 53,000-55,000 yuan
Price indicated at 54,000-56000 yuan
Price indicated at 54,000-56,000 yuan
Price indicated at 55,000 yuan

Thursday November 7 – 54,000-57,000 yuan per tonne
Offer reported at 56,000 yuan
Offer reported at 58,000 yuan
Purchase of 10 tonnes at 55,000 yuan
Price indicated at 54,000-55,000 yuan
Price indicated at 54,000-57,000 yuan
Price indicated at 54,000-56,000 yuan
Price indicated at 54,000-56000 yuan
Price indicated at 54,000-56000 yuan
Price indicated at 54,000-57,000 yuan
Price indicated at 53,000-55,000 yuan

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

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