InvestorsHub Logo
Followers 53
Posts 11253
Boards Moderated 9
Alias Born 06/25/2009

Re: nowwhat2 post# 1430

Thursday, 10/26/2023 9:39:50 AM

Thursday, October 26, 2023 9:39:50 AM

Post# of 1663
Jordan Roberts
Following
Battery Raw Materials Analyst at Fastmarkets
• 18h •

Lithium price volatility supports shift to market-based pricing mechanism, spurs hedging

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.”

The consultation period for this price discontinuation will begin on Monday October 23 and will end on April 23, 2024, with changes taking place, subject to market feedback, from April 26, 2024.
https://www.linkedin.com/feed/update/urn:li:activity:7123025367090528256/

IF THERE IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.