Metals & Mining Theme, Non-Ferrous

November 18, 2024

Platts publishes $/mt conversions for daily lithium, cobalt DDP China assessments

Platts, part of S&P Global Commodity Insights, has launched US dollar conversions for its daily lithium carbonate, lithium hydroxide, and cobalt sulfate DDP China spot price assessments, effective Nov. 18.

The $/mt conversions mirror the specifications of Platts existing lithium and cobalt DDP China spot assessments in Yuan/mt and follow the Singapore publishing schedule.

Platts first announced the new conversions in a subscriber note published Nov. 6: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/110624-platts-to-publish-mt-conversions-for-daily-lithium-cobalt-ddp-china-assessments

Platts lithium carbonate, lithium hydroxide and cobalt sulfate DDP China assessments and symbols are as follows:

Assessments Code Monthly average Conversion using USD/Yuan rate (AAWFW00) Code Monthly average
Lithium Carbonate DDP China Yuan/mt BATCA04 BATCA03 Lithium Carbonate DDP China $/mt BATAM00 BATAM03
Lithium Hydroxide DDP China Yuan/mt BATHY04 BATHY03 Lithium Hydroxide DDP China $/mt BATBM00 BATBM03
Cobalt Sulfate DDP China Yuan/mt BATCS04 BATCS03 Cobalt Sulfate DDP China $/mt BATCM00 BATCM03

The calculations are published in the Platts price database under the symbols listed above. The first monthly average calculations will reflect the average of daily conversions published throughout December.

Platts battery metals assessments are published in Platts Metals Daily, Platts Nonferrous Metals Alerts and in the Platts Battery Metals Market Report.

Full details of Platts non-ferrous metals specifications can be found here.

Please send all feedback, comments or questions to battery_metals@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if they are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make those not marked as confidential available upon request.