- Trading Screen Product Name
- Battery Materials Futures
- Trading Screen Hub Name
- Lithium Hydroxide CIF CJK (Fastmarkets)
- Contract Symbol
LYT
- Contract Size
1,000 kilograms
- Unit of Trading
Any multiple of 1,000 kilograms
- Currency
US Dollars and cents
- Trading Price Quotation
One cent ($0.01) per kilogram
- Settlement Price Quotation
One cent ($0.01) per kilogram
- Minimum Price Fluctuation
One cent ($0.01) per kilogram
- Last Trading Day
Last Trading Day of the contract month
- Floating Price
In respect of daily settlement, the Floating Price will be
determined by ICE using price data from a number of sources
including spot, forward and derivative markets for both physical
and financial products.
- Final Settlement
n respect of final settlement, the Floating Price will be a price
in USD and cents per kilogram based on the average of the
assessments as made public by Fastmarkets for “Lithium
Hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, spot
price cif China, Japan & Korea, $/kg” for each business
day (as specified below) in the determination period.
- Contract Series
Up to 72 consecutive months
- Final Payment Date
Two Clearing House Business Days following the Last Trading Day
- Business Days
Publication days for Fastmarkets.
- MIC Code
- IFEU
- Clearing Venues
- ICEU