Battery Metals
Marex provides execution management and clearing services for all Battery and EV-related futures and options.
As a Category One member of the London Metal Exchange (LME) and a member of COMEX / NYMEX (CME), ICE and SGX, Marex offers dependable access to global markets.
Marex is a clearing member of these exchanges:
CME financially settled monthly contracts
Lithium hydroxide
1,000kgs contract (USD)
Basis: Fastmarkets lithium hydroxide monohydrate 56.5% LiOH.H20 min, battery grade, spot price cif China, Japan & Korea, $/kg – code MB-LI-0033
Lithium carbonate
1,000kgs contract (USD)
Basis: Fastmarkets lithium hydroxide monohydrate 56.5% LiOH.H20 min, battery grade, spot price cif China, Japan & Korea, $/kg – code M
Cobalt
2,204.62 lbs contract (USD)
Basis: Cobalt standard-grade, in-whs Rotterdam, $/lb (code MB-CO-0005) midprice of range
Cobalt hydroxide
2,204.62 lbs contract (USD)
Basis: Cobalt hydroxide, min 30% Co, inferred, China, $ per Ib
Spodumene
10 Metric tons (USO)
Basis: Spodumene min 6% Li20, spot price, cif China, $/tonne
ICE Financially Settled Monthly Contracts
Lithium hydroxide
1,000kgs contract (USD)
Basis: Fastmarkets lithium hydroxide monohydrate 56.5% LiOH.H20 min, battery grade, spot price cif China, Japan & Korea, $/kg – code MB-LI-0033.
Basis: Benchmark Mineral Intelligence (BMI) Lithium Hydroxide (spot) for CIF Asia (spot); Min 56.5%; USO/Tonne
Lithium carbonate
1,000kgs contract (USD)
Basis: Fastmarkets lithium carbonate 99.5% Li2C03 min, battery grade, spot prices cif China, Japan & Korea, $/kg – code MB-LI-0029.
Basis: Benchmark Mineral Intelligence (BMI) Lithium Carbonate (spot) for CIF Asia (spot); Min 99.2%; USO/Tonne
Cobalt
2,204.62 lbs contract (USD)
Basis: Cobalt standard-grade, in-whs Rotterdam, $/lb (code MB-CO-0005) midprice of range
Cobalt hydroxide
2,204.62 lbs contract (USD)
Basis: the arithmetic average of all available price assessments published for “Cobalt hydroxide, min 30% Co, inferred, China, $ per lb” in $/pound by Fastmarkets during the contract month.
Basis: Benchmark
Mineral Intelligence
(BMI) CIF Asia; Min 20%; USO/Tonne
Spodumene
10 Metric tons (USO)
Basis: Spodumene min 6% Li20, spot price, cif China, $/tonne
Basis: Benchmark
Mineral Intelligence
(BMI) FOB Australia; 6%;
USO/Tonne
SGX Financially Settled Monthly Contracts
Lithium hydroxide
1,000kgs contract (USD)
Basis: Fastmarkets Lithium Hydroxide Monohydrate 56.5% LiOH.H2O min, battery grade, spot price cif China, Japan & Korea, $/kg – code MB-Ll-0033
Lithium carbonate
1,000kgs contract (USD)
Basis: Fastmarkets Lithium Carbonate 99.5% Li2CO3 min, battery grade, spot prices cif China, Japan & Korea, $/kg – code MB-Ll-0029
Cobalt
2,204.62 lbs contract (USD)
Basis: Cobalt standard-grade, in-whs Rotterdam, $/lb (code MB-CO-0005) midprice of range
Cobalt hydroxide
2,204.62 lbs contract (USD)
Basis: Cobalt Hydroxide min 30% Co, inferred, China, $/lb
LME Physically Deliverable Daily Contracts
Cobalt
1 tonne contract (USO)
Physically deliverable minimum 99.8% purity