The [lithium] market is no longer controlled by a few major producers and consumers. The growth in demand from EVs has brought more players to the space, and with it, large volatility.
Traditional opaque, fixed price, long-term contracts are not befitting of the current market dynamics, so the move to contracts referencing a spot index was a necessity to increase transparency and enable a more efficient price discovery process.
Have your say on Fastmarkets proposes to discontinue its lithium contract price assessments to reflect the evolving lithium marketplace.
To provide feedback on the proposal to discontinue these price assessments, or if you would like more information about this consultation, please contact Dalila Ouerghi or Zihao Li by email at: pricing@fastmarkets.com. Please add the subject heading: “FAO: Dalila Ouerghi/Zihao Li, re: Discontinuation lithium price assessments.”
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