Prices
Lithium Web Prices (Expanded)-23Jan.png


Commentary

Prices for 99.5pc carbonate were unchanged at Yn74,000-80,000/t, with producers focusing on fulfilling orders. Import prices remained stable at $12.50-15/kg cif. Prices for annual contracts have yet to be settled, prompting consumers to buy small volumes for their immediate needs.

Prices for 56.5pc grade hydroxide held at Yn103,000-112,000/t on a lack of spot demand, with consumers operating from deliveries under long-term supply contracts. Export prices were stable at $14.50-17/kg fob.

The range for 60pc grade lithium cobalt oxide held at Yn285-300/kg on low spot demand from the consumer electronics industry. Consumers are expected to maintain low operating rates before the lunar new year holiday.


Argus Metals eBook

This eBook offers industry infographics and market insights, including Q&As tackling questions on emerging trends, market challenges and areas for potential growth, an outlook on Europe as a fully integrated lithium-ion battery player to support the demand of electric vehicles, infographics from the Argus metals industry survey and much more.

Learn more and download


   
  


Argus shortlisted by the LME
Argus is pleased to have been shortlisted by the London Metal Exchange to provide an independent market price for the exchange’s new cash settled lithium contract. The new contract, which is expected to be launched in 2020, aims to provide a pricing and risk management tool to serve the entire EV market.
 
Last month a team from Argus presented our proposal regarding lithium reference prices to the LME’s electric vehicle advisory team, which was made up of more than 60 industry participants including lithium producers, refiners, and battery producers.  
 
We invite you to view our presentation on this important development in the market here.


Methodology
Our international price assessments are published weekly on Tuesday, with China ex-works prices published biweekly on Tuesday and Thursday. The lithium price assessments appear in our flagship daily metals report Argus Metals International. The assessments are calculated using a market-appropriate methodology that is fully compliant with the IOSCO principles for Price Reporting Agencies. View the full lithium pricing specifications.

Argus’ lithium price assessments are in addition to our existing coverage of the battery raw material market which covers nickel, cobalt, manganese, and graphite. To discover more about our methodology, pricing and coverage, please contact us here and a representative will be in contact with you.


About Argus battery materials coverage
Argus Metals International is your trusted source for comprehensive daily non-ferrous prices, commentary, market-relevant news, intelligence and analysis. As well as daily coverage of the battery material market, Argus also publishes the Argus Battery Material Monthly Outlook and Argus Battery Materials Annual 2018. To stay connected with the latest news and prices, complete the form to request a call back.


Argus Metals Week 2019
26 February – 1 March, London, UK

Now in its 11th year, Argus Metals Week is recognised as the event calendar highlight for the international metals market, allowing you to meet over 250 key industry stakeholders from across the Nickel, Cobalt, Molybdenum and Ferro-Chrome industries.

With three dedicated conferences on Battery Materials, SnWTa and NiCoMo, we are making it easier for you to build your own agenda and meet the people most relevant to your business. Shaping up to be the best event to date, the packed program for 2019 includes keynotes from Sumitomo Corporation, Nissan, Pratt & Whitney, Grondmet, Advanced Material Japan Corp, Global Tungsten & Powders, Traxys, Thh Molyprocessing and more!

To register your place or for details visit http://www.argusmedia.com/metals-week