估价

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 moved up further Jan. 25, driven by supply tightness in the global market.


Jumping prices in the Chinese domestic market, where most of the spot trade is concentrated, were also pulling international prices up.

S&P Global Platts assessed lithium carbonate at $45,000/mt Jan. 25, up $2,000/mt from Jan. 24 and $4,500/mt from Jan. 18. The assessment for lithium hydroxide was $42,000/mt Jan. 25, up also $2,000/mt from Jan. 24 and $5,500/mt from Jan. 18.

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.

Offers were heard as high as $60,000/mt for lithium carbonate on an FOB China basis, although no concluded transaction has been heard at this level yet. That offer was equivalent to similar numbers heard within the Chinese domestic market.

A supplier source said Chinese domestic suppliers were not exporting because "domestic prices are a lot better.” The source estimated that consumers from overseas would need to pay not less than $50,000/mt to attract material made in China.

This rapid surge has been disorienting to some market participants.

“Prices are changing rapidly, even twice in the same day,” said a seller source who readjusted the lithium hydroxide offer level to $60,000/mt because of the recent bull run.

Although no deals were closed at this price, the source reported achieving transactions at over $43,000/mt CIF North Asia last week.

Despite the acceleration in the price uptrend in the past couple of months, “I stopped offering this week because the market is firming,” said a trader source, who gave an indicative offer for technical grade lithium carbonate at $50,000/mt since this was “in line with Chinese domestic prices for prompt delivery.” He added that battery-grade material would cost the same.

The Platts $45,000/mt assessment for battery grade lithium carbonate CIF North Asia was equivalent to Yuan 322,691/mt on a DDP China basis, including 13% value-added tax, based on Platts import-parity calculation. The DDP China lithium carbonate price was assessed at Yuan 370,000/mt on Jan. 25, meaning seaborne prices are well below the Chinese import parity. The dollar was assessed at Yuan 6.3418 at 4:30 pm Singapore time.

Platts North Asia Lithium Heards

27 1月 2022 — Platts Battery Metals: Spodumene Concentrate (6% lithium oxide) FOB Australia heard on Jan 27 tradable at $3500-4000/mt,

27 1月 2022 — Platts Battery Metals: Lithium Hydroxide CIF North Asia heard on Jan 27 tradable at $40000-45000/mt, Feb loading (batter

27 1月 2022 — Platts Battery Metals: Lithium Carbonate CIF North Asia heard on Jan 27 tradable at $50000-55000/mt, Feb loading (batter

27 1月 2022 — Platts Battery Metals: Lithium Hydroxide DDP China heard on Jan 27 tradable at Yuan 300000-310000/mt, Feb loading (batte

27 1月 2022 — Platts Battery Metals: Lithium Carbonate DDP China heard on Jan 27 traded at Yuan 380000-390000/mt, 1-3 trucks, Feb load

27 1月 2022 — Platts Battery Metals: Lithium Carbonate DDP China heard on Jan 27 tradable at Yuan 390000/mt, Feb loading (battery grad

27 1月 2022 — Platts Battery Metals: Lithium Carbonate DDP China heard on Jan 27 tradable at Yuan 390000/mt, Jan loading (battery grad

27 1月 2022 — Platts Battery Metals: Lithium Hydroxide DDP China heard on Jan 27 tradable at Yuan 300000-310000/mt, Jan loading (batte

27 1月 2022 — Platts Battery Metals: Lithium Hydroxide DDP China heard on Jan 27 offered at Yuan 330,000-335,000/mt, Jan loading (batt

27 1月 2022 — Platts Battery Metals: Lithium Carbonate DDP China heard on Jan 27 offered at Yuan 400,000/mt, Feb loading (battery grad

27 1月 2022 — Platts Battery Metals: Lithium Hydroxide DDP China heard on Jan 27 offered at Yuan 350,000/mt, Feb loading (battery grad

27 1月 2022 — Platts Battery Metals: Lithium Carbonate CIF North Asia heard on Jan 27 offered at $55,000/mt, Feb loading (battery grad

27 1月 2022 — Platts Battery Metals: Lithium Hydroxide CIF North Asia heard on Jan 27 offered at $50,000/mt (battery grade): Chinese p

26 1月 2022 — Platts Battery Metals: Spodumene Concentrate (6% lithium oxide) FOB Australia heard on Jan 27 tradable at $3,000/mt: Chi

26 1月 2022 — Platts Battery Metals: Lithium Hydroxide DDP China heard on Jan 27 tradable at Yuan 350,000/mt, Feb loading (battery gra


Methodology and Specifications

See all metals methodologies
See all metals methodologies

Products and Services

See all metals products and services
See all metals products and services