This week, the Chicago Mercantile Exchange (CME) launched option contracts on lithium hydroxide, which are cash-settled and differ from many of the CME commodity options on futures
China’s lithium prices continued to soften in the week to Thursday November 16, remaining under downward pressure from persistently weak buying appetite and bearish sentiment
Fastmarkets invited feedback from the industry on its non-ferrous and industrial minerals methodologies, via an open consultation process between October 5 and November 3. This consultation was done as part of our published annual methodology review process.
China’s lithium prices extended losses in the week ended Thursday November 2, which market participants attributed to ongoing weak demand and bearish sentiment.
Chinese lithium carbonate prices drifted lower in the week ended Thursday October 26 amid ongoing bearish sentiment and limited demand, ending the uptrend in the recent fortnight, while those for Chinese lithium hydroxide remained flat amid thin trading due to muted demand
China’s electric vehicle (EVs) sector received a boost from government subsidies, with output and sales rising considerably year on year in September, according to the China Association of Automobile Manufacturers (CAAM) on Wednesday October 11
Plans for a major battery metals recycling hub run by Glencore and Li-Cycle in Italy are likely to go ahead despite recent pushback from local authorities, sources told Fastmarkets this week
The Indian government has established royalty rates for the mining of lithium, rare earths and niobium, it announced on Wednesday October 11
China’s spot lithium carbonate prices rebounded in the week to Thursday October 12 due to support from a surge in the lithium carbonate futures contract on Guangzhou Futures Exchange (GFEX), the first gain since the end of August, sources said
Fastmarkets is inviting feedback from the industry on the methodology for its audited non-ferrous price assessments and indices, as part of its announced annual methodology review process.