SUBSCRIBER NOTE: Platts launches import parity prices for lithium carbonate, hydroxide

Following market consultation since December 14, 2018, S&P Global Platts has launched import parity assessments for Lithium Carbonate and Lithium Hydroxide CIF North Asia on February 1, 2019.

Platts is assessing both assessments on a weekly basis in line with its Lithium Carbonate CIF North Asia and Lithium Hydroxide CIF North Asia assessments.

The decision to launch these assessments comes on the back of consistent and growing market demand for increased pricing information in the lithium carbonate and lithium hydroxide market.

The assessments are calculated from Platts existing Lithium Carbonate and Lithium Hydroxide CIF North Asia ($/mt) assessments and take into account Chinese VAT of 16% in addition to port handling and inland transportation fees which will be assessed on a weekly basis. Unit & currency of measurement are Yuan per metric ton.

In order to assess battery grade lithium carbonate and lithium hydroxide, Platts continues to collect a wide variety of transactional and market information through a survey of industry participants, which typically includes, but is not limited to, communicating with sources via phone, email and instant messaging.

These assessments are published on Platts Metals Alert, page 8888 and in Metals Daily. The lithium carbonate import parity assessment carries the code BATCP04, while the lithium hydroxide import parity assessment carries the code BATHP04.

Please submit any feedback, comments or questions about this launch to: battery_metals@spglobal.com and pricegroup@spglobal.com

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available upon request.