Cme lithium contract

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August undefined, 2024

WebApr 8, 2024 · Apr 08, 2024, 08:00 ET. CHICAGO, April 8, 2024 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced … WebBitcoin and Ether options client interest and trading activity continues to accelerate as Q1 wraps up, with both contracts reaching record open interest of…

CME Explores Nickel Contract After LME Trade Chaos -Sources

WebA record day for volumes for the CME Group Lithium Hydroxide CIF (Fastmarkets) contract.Rapidly falling spot prices and increased exposure to the underlying Fastmarkets lithium hydroxide CIF CJK ... Web5 hours ago · Spot price volatility drives record volumes on CME lithium contract. The steep drop in global spot lithium prices over the past few months has helped to drive record-high volumes of trade on the year-old lithium hydroxide contract on the Chicago Mercantile Exchange (CME), Fastmarkets heard on Wednesday April 12. potting counter

LME sets launch date for lithium futures contract settled against ...

WebJan 21, 2024 · CME Group Inc.’s lithium contract is showing the first signs of life since its 2024 inception as demand soars for battery metals key to the transition away from fossil fuels. Open interest in the lithium contract hit a record high of 473 contracts, and extends out to February 2024, according to data from the Chicago-based exchange. WebApr 13, 2024 · Wednesday’s trades on the lithium hydroxide contract, which is based on Fastmarkets’ assessment of the CIF China, Japan & Korea spot price, ranged from … WebJul 19, 2024 · The move comes after the CME launched a similar contract in May for the battery metal. The two exchanges also compete in cobalt, another key battery metal.. … tourist attractions brenham tx

CME Group to Launch Lithium (Fastmarkets) Futures on May 3

Cme lithium contract

WebJul 19, 2024 · Rival U.S. exchange CME Group launched a new lithium hydroxide contract on May 3. The new LME futures contracts are based on prices from reporting agencies … WebMay 14, 2024 · CME’s cash-settled contract references the spot market price of battery-grade lithium hydroxide delivered to China, South Korea and Japan, where the world’s biggest EV battery makers are based.

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WebApr 8, 2024 · Commodities exchange operator CME Group Inc. plans to launch a futures contract for lithium, seeking to capitalize on growing demand for a metal that helps to power electric vehicles. The contract will be for lithium hydroxide delivered to China, South Korea and Japan, where most batteries globally are produced, CME said Thursday. WebApr 30, 2024 · The CME lithium futures contract is available to trade from May 3, 2024. It is settled against Fastmarkets’ assessment for lithium hydroxide battery grade, spot …

WebApr 8, 2024 · Apr 08, 2024, 08:00 ET. CHICAGO, April 8, 2024 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that it will launch Lithium Hydroxide CIF ... WebCME Group in the United States launched a cash-settled lithium futures contract on May 3. The contract is settled against Fastmarkets’ assessment of the lithium hydroxide monohydrate, 56.5% LiOH.H2O min, battery grade, spot price, cif China, Japan & Korea. Here are three key points the webinar audience learnt about the new lithium futures …

WebApr 10, 2024 · Commodities exchange operator CME Group Inc. plans to launch a futures contract for lithium, seeking to capitalize on growing demand for a metal that helps to power electric vehicles. The contract will be for lithium hydroxide delivered to China, South Korea and Japan, where most batteries globally are produced, CME said Thursday. Web1 day ago · The rapid growth of electric vehicles and large-scale battery storage applications for renewable energy is increasing Lithium demand – and price risk. Lithium futures offer price transparency and efficient risk management and are financially settled each …

WebApr 8, 2024 · CME CME Group Inc CME Seeks to Tap Electric-Car Demand With Lithium Futures. By Joe Wallace Commodities exchange operator CME Group Inc. plans to launch a futures contract for lithium, seeking to capitalize on growing demand for a metal that helps to power electric vehi... Support: 888-992-3836 Home NewsWire Subscriptions …

WebApr 8, 2024 · “Demand for key battery metals like lithium and cobalt continues to accelerate as economies invest in lower carbon alternatives for the transportation sector,” Young-Jin … tourist attractions clarksville tnWebApr 11, 2024 · Trading summary Shown in US$ Data valid for 06 Apr 2024 09 Apr 2024. Intraday prices Shown in US$ 09 Apr 2024. Volume and open interest Values shown in … tourist attractions dumfries and gallowayWebJan 25, 2024 · LME sets launch date for lithium futures contract settled against Fastmarkets price The London Metal Exchange will launch its new cash-settled lithium futures contract on June 14, 2024, settled against Fastmarkets’ price assessment for lithium hydroxide monohydrate. January 25, 2024 By Alice Mason tourist attractions daytona beachWebMay 6, 2024 · CME’s lithium hydroxide contract has the goal to help market participants manage their battery metals price risk, and follows the launch of a cobalt metal futures contract in December as part of CME’s new financial tool to help advance the global green transport transition. tourist attractions coffs harbourWebApr 8, 2024 · Commodities exchange operator CME Group Inc. plans to launch a futures contract for lithium, seeking to capitalize on growing demand for a metal that helps … tourist attractions berlin germanyWebMay 5, 2024 · Following what the International Energy Agency called a “pivotal year” for growth of the electric car industry in 2024, CME Group launched the first cash-settled battery metals risk management products: a cobalt contract in December 2024 and a lithium contract in May 2024. These metals are key components of the batteries used to power ... potting crafts for kidsWebApr 11, 2024 · Our cash-settled contracts are tradable out to 15 months on LMEselect or the inter-office market. Featured Links LME Cobalt LME Cobalt (Fastmarkets MB) LME Molybdenum (Platts) LME Lithium Hydroxide CIF (Fastmarkets MB) Lithium prices Platinum group Back potting drainage