The most actively traded Lithium contract at CME Group, Lithium Hydroxide CIF CJK (Fastmarkets) futures, is setting new activity records in the first quarter of 2024. Find out why as we look at five charts that …
The London Metal Exchange has launched a new contract for battery metal lithium, setting up a transatlantic battle with US rival CME Group, as exchanges look to capture rapid growth in demand...
Open interest is the number of contracts held by traders in active positions — they''re not closed or expired. For SGX FM Lithium Carbonate CIF CJK (Battery Grade) Futures this number is 0.00.You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for SGX FM Lithium Carbonate CIF CJK (Battery Grade) Futures shows that …
Trade with lithium price data that is unbiased, IOSCO-compliant and widely used across the energy commodity markets. Our lithium prices are market-reflective, assessing both the buy- and sell-side of transactions. You need transparency …
Trading of CME Group Inc.''s nearly three-year-old lithium hydroxide futures contract is soaring, with more funds crowding into the budding market as prices of the battery metal falter. The number of outstanding contracts hit a record high of 24,328 in the first quarter, and open interest extends to September 2025 — an indication of more ...
Contracts for cobalt metal, cobalt hydroxide, lithium carbonate and lithium hydroxide were backed by Fastmarkets'' pricing assessments. They were met with enthusiasm and interest on launch day, with plans having been announced at the start of 2022. "The launch of our suite of energy metal contracts supporting the clean energy transition marks a key …
Get to know our range of futures contracts and practice trading in a risk-free, simulated environment. December 8-13. ... Lithium is a key material in the manufacturing of lithium-ion batteries used for electric vehicles as well as other products in various industries. Growth in the electric vehicles sector and large-scale battery storage ...
This page contains futures quotes from the screener, where all the contracts are displayed and sorted by expiration date.
Major miner Arcadium Lithium (NYSE:ALTM) also has supply contracts in place with the EV maker, and China''s Sichuan Yahua Industrial Group (SZSE:002497) agreed to supply battery-grade lithium ...
The launch of the lithium hydroxide cash-settled futures contract represents a significant milestone not only for the LME but also for the global lithium industry. The contract offers the industry an important price risk management tool and comes at a critical time to support the future electrification goals of many nations."
The new LME battery-grade hydroxide cash-settled futures contract allows stakeholders throughout the lithium supply chain - from the source to the end user - to mitigate against price volatility. To discover more about Fastmarkets'' …
Options expire concurrently with the underlying futures contract. For lithium, this occurs on the last Exchange business day of the contract month. For cobalt, however, expiration takes place on the last UK business day of the contract month. If the latter is not an Exchange business day, trading terminates on the preceding Exchange business day.
Major miner Arcadium Lithium (NYSE:ALTM) also has supply contracts in place with the EV maker, and China''s Sichuan Yahua Industrial Group (SZSE:002497) agreed to supply battery-grade lithium ...
Contracts for cobalt metal, cobalt hydroxide, lithium carbonate and lithium hydroxide were backed by Fastmarkets'' pricing assessments. They were met with enthusiasm and interest on launch day, with plans having been …
The CME Group will launch a cash-settled lithium carbonate contract that will be settled against Fastmarkets'' assessment for lithium carbonate 99.5% Li2CO3 min, battery …
CHICAGO, Sept. 30, 2024 /PRNewswire/ -- CME Group, the world''s leading derivatives marketplace, today announced that it will expand its battery metals suite and launch a Spodumene CIF China ...
Following termination of trading for a contract month, final settlement will be based on the reported arithmetic monthly average of Fastmarkets'' Lithium hydroxide monohydrate 56.5% …
Among the more than 1,100 attendees gathered, a number of topics dominated conversation. Bearish sentiment prevails in spot lithium market. Ongoing sluggish demand and oversupply in the lithium market has led to bearish sentiment toward the near-term outlook among delegates at the conference. "Chile''s lithium carbonate and Australia''s spodumene are …
China''s lithium futures contract got off to a wild start over the past five months, and the ride isn''t over yet. With its first expiry in January comes a crucial credibility test for the ...
Find out more about our battery-grade lithium hydroxide futures contract. ... The LME provides the market with three transparent and regulated platforms for trading industrial metal contracts. ... 9 Battery Road #07-02 MYP Centre Raffles Place Singapore 049910. Register Log in. Legal;
The increase in sales of Electric Vehicles (EVs) boosted the production of Lithium-Ion Batteries (LIBs), which is the technology adopted in this type of vehicles because it provides light storage systems with high energy density and high power density [[1], [2], [3], [4]].The growing adoption of EVs increases the concern about raw materials in LIBs.
Helping the CME''s contract gain traction is the Guangzhou Futures Exchange''s (GFEX) physically-settled lithium carbonate futures launched in July, which boosted arbitrage trading.
Spot price volatility drives record volumes on CME lithium contract ... It is cyclical trading activity," a battery raw materials trader said. "However, I believe the buying activity is hedging activity, and the matching …
Following termination of trading for a contract month, final settlement will be based on the reported arithmetic monthly average of Fastmarkets'' Lithium hydroxide monohydrate 56.5% LiOH.H2O min, battery grade, spot price cif China, Japan & Korea, $/kg price, which is available from Fastmarkets from 16.30 London time on the last trading day
July 2021 saw the launch of LME Lithium Hydroxide CIF (Fast Markets MB), the latest in our line of electric vehicle (EV) and minor metals futures.. We partnered with price reporting agency Fastmarkets to bring greater transparency to pricing for the lithium market and l ike all our EV trading tools, the lithium hydroxide contract was designed in close consultation with the EV …
New Lithium Contracts Added to CME Bourse as Appetite Soars. The operator of Chicago''s futures exchange will roll out new contracts for a type of lithium material, as trading liquidity grows for battery metals amid heightened demand and massive market volatility.
Higher liquidity in the contracts has also led to demand for new products, and to address this interest, the Exchange added, in 2023 alone, a cobalt hydroxide futures contract, lithium carbonate futures, as well as options on the existing lithium hydroxide and cobalt metal futures. While most of the trading is still in the well-established ...
One example is the Global X Lithium & Battery Tech ETF which includes lithium and battery producers. Futures: When trading lithium futures, the contract value and expiration time are agreed upon when you open the position. Traders are obligated to complete the transaction with a futures contract, even if the market moves unfavourably. ...
The LME''s new cash-settled lithium futures contract – LME Lithium Hydroxide CIF (Fastmarkets MB) – will join our offering for the battery materials industry on 19 July 2021. This battery-grade hydroxide contract will allow stakeholders …
Commission-free trading on stocks & ETFs. Earn $+0.06 per options contract and 5.1% APY on cash with no restrictions. ... as well as competitor Amplify Lithium & Battery Technology ETF ...
6 · EV battery technology is evolving rapidly, with lithium hydroxide typically preferred in nickel rich batteries such as NMC batteries, while carbonate is preferred in other types such as LFP batteries. Lithium …
CME Group has launched contracts that track the price of the raw material for lithium batteries, stepping up its rivalry with the London Metal Exchange for dominance of the …
The Lithium Carbonate CIF CJK (Fastmarkets) futures contract is available for up to 24 months forward, thereby establishing a forward price curve and empowering customers to execute long term hedging strategies.
Trading Lithium Basics. Lithium is a versatile alkali element and metal, used in pharmaceuticals, glass, cermaics and alloys. However, the most common use of lithium today is in batteries for digital devices, smartphones and electric cars.. Lithium, in its compound form, is extracted from brine deposits or mined from igneous rock.
The contract will be launched on July 17, pending all relevant regulatory reviews, the exchange announced on Tuesday June 20. Electric vehicle (EV) adoption growth continues to drive demand for battery raw materials and, in turn, growth in tools to help market participants manage risk. "As electric vehicle sales continue to surge, we are pleased to …
Spot price volatility drives record volumes on CME lithium contract ... It is cyclical trading activity," a battery raw materials trader said. "However, I believe the buying activity is hedging activity, and the matching selling is speculative due to the willingness to have short positions in the market, driven by the bearish sentiment ...
China''s Wuxi Stainless Steel Exchange said on Friday trading in its new lithium contract - the country''s first bourse-based offering for the key ingredient in electric-vehicle (EV) batteries ...
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