RE:Lithium Futures Contracts begin on London Metal ExchangeBTW, price for LiOH as of May 13/21 was USD $13,250/tonne.
LithiumFuture wrote: The London Metal Exchange has partnered with price reporting agency Fastmarkets to bring greater transparency to pricing for the lithium market. Continued adoption of reference pricing across the industry has paved the way for the upcoming launch of an LME lithium futures contract – LME Lithium Hydroxide CIF (Fastmarkets MB) – in summer 2021.
https://www.lme.com/Metals/Minor-metals/Lithium-prices#tabIndex=0
I've been watching the weekly price on this site since LiOH was USD $9500/tonne and that was not that long ago. This launch by the LME will bring more order to the market so manufacturers can better plan future expansion. Excellent for the entire lithium space and CYP.