14 Dec 2018 | 17:52 UTC — London

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

S&P Global Platts proposes to launch import parity assessments for lithium carbonate and lithium hydroxide CIF North Asia from February 1, 2019, on a weekly basis.

The proposal 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 markets.

The assessments would be calculated from Platts' existing lithium carbonate and lithium hydroxide CIF North Asia ($/mt) assessments and would take into account Chinese VAT of 16% in addition to port handling and inland transportation fees which would be assessed on a weekly basis.

Unit & currency of measurement would be Yuan/mt.

In order to assess battery grade lithium carbonate and lithium hydroxide, Platts will continue 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.

Please submit any feedback, comments or questions about this decision to: battery_metals@spglobal.com and pricegroup@spglobal.com by Wednesday, January 2, 2019.

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.