Navigate the energy transition with efficiency
As the world embraces electrical vehicles (EVs) and renewable energy, lithium has emerged as an indispensable mineral, with global demand expected to surge. In response, we're introducing Spodumene futures (SPM) on October 28.*
Spodumene futures will serve as a critical price risk management tool, enabling market participants to hedge against fluctuating prices or diversify their portfolios with one of the most vital raw materials in the energy transition.
*Pending regulatory review
Resources
Features and benefits
Hedge input price risk
Manage price risk for spodumene, a key raw material to manufacturing lithium, amid rising global demand.
Gain benchmark exposure
Manage exposure with cash-settled futures based on Fastmarkets’ leading spodumene benchmark.
Enjoy margin efficiency
Trade Spodumene futures alongside Lithium Hydroxide and Lithium Carbonate futures, potentially achieving margin offsets.
Gain flexible execution
Choose your preferred method of trade execution using CME Globex or CME ClearPort.
About the Fastmarkets CIF China Spodumene assessment
By trading Spodumene futures, you'll gain exposure to the lithium market and benefit from the transparency and liquidity of our futures market. The final settlement will be based on the monthly average of all daily price assessments for Spodumene min 6% Li2O, spot price, CIF China, $/ton, as published by Fastmarkets (FM) during the contract month.
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Connect with a member of our expert Metals team for more information about our products.
