Precios de referencia

Platts North Asia Lithium Assessment

  • What are Platts North Asia Lithium price assessments?
  • How do we assess Platts North Asia Lithium prices?
  • Platts North Asia Lithium Commentary
  • Platts North Asia Lithium Heards

What are Platts North Asia Lithium price assessments?

Platts Lithium Hydroxide CIF North Asia reflects physical spot market prices for min 56.5% purity battery grade lithium hydroxide. Other qualities are considered and may be normalized back to Platts base standard specifications, subject to prevailing market differentials.

Platts Lithium Carbonate CIF North Asia assessment reflects physical spot market prices for min 99.5% purity battery grade lithium carbonate. Other qualities are considered, and may be normalized back to Platts base standard specifications, subject to prevailing market differentials.

S&P Global Platts launched the weekly Lithium Carbonate CIF N. Asia & Lithium Hydroxide CIF N. Asia assessments on September 7, 2018. The assessments are timestamped to 4:30pm Singapore time and are published on Fridays.

How do we assess Platts North Asia Lithium prices?

Platts CIF North Asia China Lithium Assessments are based on market information, including, but not limited to, firm bids and offers, and trades reported to the editor each week. Platts assessments reflect responsibly sourced material, which sellers should be able to demonstrate in line with standard industry practice, upon buyers' request.

Platts collects data from market participants across the full supply chain, allowing us to produce a balanced assessment of price by engaging with suppliers, traders and consumers of all size and scale.

S&P Global Platts coverage of the lithium carbonate and hydroxide market is led by a global team across three offices: Singapore, Sao Paulo and London. These regions cover the key supply and consumption hubs for lithium carbonate.

Lithium Hydroxide Cargoes delivered to North Asia countries other than Japan and South Korea are reflected in the assessment, after normalizing to the stated basis. Freight, quality differentials for lithium hydroxide cargoes, as well as the spreads and dynamics between different regions may be considered in the normalization process.

The Lithium Carbonate CIF North Asia assessment is basis Shanghai port, China. Cargoes delivered into any North Asian ports, such as in Japan and South Korea, are reflected in the assessment, after normalizing to the stated basis port. Freight and quality differentials for lithium carbonate cargoes delivered to different north Asian ports, as well as the spreads and dynamics between different regions may be considered in the normalization process.

Platts North Asia Lithium Commentary

Seaborne lithium prices rose further on Nov. 23 as availability remained tight and some participants anticipated the squeeze could deepen as demand kept rising faster than supply.


S&P Global Platts assessed both lithium carbonate and hydroxide up $100/mt at $27,600/mt and $28,600/mt, respectively. Both prices are at their highest levels since the launch of the assessments in 2018.

The prices reflect the spot value of battery-grade material on a CIF North Asia basis, referring to deliveries to the main ports of China, Japan and South Korea. Lithium carbonate, however, is normalized to deliveries at Shanghai port.

Tight supply has been driving prices up for nearly a year and this was not expected to reverse soon, sources said. Although some buyers have been resisting the increasing offers, some sellers, who only have small volumes available, were indicating prices as high as $32,000/mt.

No transactions were reported at these levels so far, but some market participants believed prices would eventually get there, or at least break through the $30,000/mt barrier.

“There's not enough product; the offered volumes are limited to small quantities. It's almost take it or leave it,” said a buyer source outside of Asia who was offered technical-grade hydroxide at $29,500/mt on a CIF basis -- $1,500/mt above the offer received last month.

According to a trader source, the gap between lithium carbonate and lithium hydroxide was very narrow. The differentials between technical-grade and battery-grade material have also been smaller than usual, sources said.

The Platts $27,600/mt assessment for battery-grade lithium carbonate CIF North Asia was equivalent to Yuan 199,592/mt on a DDP China basis, including 13% value-added tax, based on Platts import-parity calculations. The DDP China lithium carbonate price was assessed at Yuan 201,000/mt on Nov. 23, meaning Chinese domestic prices are still above the import parity.

The dollar was assessed at Yuan 6.3929 at 4:30 pm Singapore time.

Platts North Asia Lithium Heards

26 nov. 2021 — Platts Battery Metals: Lithium Hydroxide CIF North Asia heard on Nov 26 offered at $25,500/mt, Nov delivery loading (sub

26 nov. 2021 — Platts Battery Metals: Lithium Carbonate CIF North Asia heard on Nov 26 offered at $32,500/mt (battery grade): Internati

26 nov. 2021 — Platts Battery Metals: Lithium Hydroxide CIF North Asia heard on Nov 26 traded at $29,300/mt, 100 mt (battery grade): In

26 nov. 2021 — Platts Battery Metals: Lithium Hydroxide CIF North Asia heard on Nov 26 offered at $31,500/mt (battery grade): Internati

26 nov. 2021 — Platts Battery Metals: Lithium Hydroxide DDP China heard on Nov 26 tradable at Yuan 195000/mt, Nov delivery loading (bat

26 nov. 2021 — Platts Battery Metals: Lithium Carbonate DDP China heard on Nov 26 traded at Yuan 205000/mt, Nov delivery loading (batte

26 nov. 2021 — Platts Battery Metals: Lithium Carbonate CIF North Asia heard on Nov 26 indicatively offered at $33000/mt, Nov delivery

26 nov. 2021 — Platts Battery Metals: Spodumene Concentrate DDP China heard on Nov 26 tradable at Yuan 20000/mt, Nov delivery loading:

26 nov. 2021 — Platts Battery Metals: Lithium Carbonate DDP China heard on Nov 26 indicatively offered at Yuan 210000/mt, Nov delivery

26 nov. 2021 — Platts Battery Metals: Lithium Carbonate DDP China heard on Nov 26 traded at Yuan 205000/mt, Nov delivery loading (batte

26 nov. 2021 — Platts Battery Metals: Lithium Hydroxide DDP China heard on Nov 26 tradable at Yuan 180000-185000/mt, Nov delivery loadi

26 nov. 2021 — Platts Battery Metals: Lithium Carbonate DDP China heard on Nov 26 tradable at Yuan 205000-210000/mt, Nov delivery loadi

26 nov. 2021 — Platts Battery Metals: Lithium Hydroxide DDP China heard on Nov 26 tradable at Yuan 200000/mt, Nov delivery loading (bat

26 nov. 2021 — Platts Battery Metals: Lithium Carbonate DDP China heard on Nov 26 tradable at Yuan 205000/mt, Nov delivery loading (bat

26 nov. 2021 — Platts Battery Metals: Lithium Carbonate DDP China heard on Nov 26 traded at Yuan 205000/mt, Nov delivery loading (batte


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