Overview

Interest in lithium prices continues to grow as a result of the electric vehicle revolution driving demand for lithium-ion batteries. In response to this increased need for accurate and timely spot price data and analysis, Argus launched two new lithium assessments in 2018:

Lithium hydroxide, 56.5%, battery grade, fob China
Lithium carbonate, 99.5%, battery grade, cif China

Argus lithium price assessments appear in our Argus Battery Materials report, which includes detailed market commentary and market-relevant news and analysis. Argus publishes US minor metals prices weekly on Tuesdays, with Europe, India and China prices published biweekly, on Tuesdays and Thursdays.

Price assessment details

What are the advantages of the Argus lithium price assessment?

The emergence of electrification in the road transport sector, along with a sharp rise in the number of potential buyers in the lithium market, has increased demand for greater price transparency. This is true especially from automotive original equipment manufacturers (OEMs), battery cell manufacturers and other end users.

Argus was the first reporting agency to introduce a distinct seaborne China price for lithium, having established that China is the most, if only, liquid spot market. Argus also has a strong on-the-ground presence in Asia-Pacific, with offices in Beijing, Seoul, Shanghai, Singapore, Syndey, Tokyo and Mumbai. Our team of reporters in the UK (London) and the Americas (Calgary, Houston, Pittsburgh, Washington and New York) provide further support for assessing international lithium prices. Argus lithium price assessments are not governed by a generic price assessment methodology, but rather tailored for specific market conditions through direct industry consultation.

How is this assessment used?

Raw lithium producers and buyers, and large-scale industrial buyers, particularly automotive OEMs, are the primary users of Argus lithium pricing assessments. Rapidly growing lithium demand is forcing shifts in the market that are supporting the need for a reliable industry benchmark. Our data is used by companies and governments around the world to index physical trade and benchmark in financial markets. With such extensive experience in energy markets, and largely illiquid markets, Argus is uniquely positioned to provide the effective framework for establishing prices for lithium and other future energy materials.

Key price assessments

Argus prices are recognised by the market as trusted and reliable indicators of the real market value. Explore some of our most widely used and relevant price assessments. (this is the same for all key price modules).