- Trading Screen Product Name
- Battery Materials Futures
- Trading Screen Hub Name
- Lithium Carbonate CIF CJK (Fastmarkets)
- Contract Symbol
LYC
- 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
In 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
Carbonate 99.5% Li2CO3 min, battery grade, spot prices cif China,
Japan & Korea, $/kg” for each business day (as specified
below) in the determination period.
- Contract Series
Up to 72 consecutive months, or as otherwise determined by the
Exchange
- Business Days
Publication days for Fastmarkets
- MIC Code
- IFEU
- Clearing Venues
- ICEU