Trade lithium carbonate with a physically-deliverable benchmark contract that reflects real market conditions for this battery metal in the United States. Designed for traders and commercial participants, Abaxx Lithium Carbonate Baltimore futures offer reliable price discovery, a more precise hedging instrument, and the ability to optimize your supply chain.
Abaxx’s Lithium Carbonate Baltimore futures contract is a US dollar-denominated, 1 tonne, delivered-at-place (DAP) contract, physically-deliverable in Baltimore.
Rule Chapter | 1700 |
Contract | Lithium Carbonate Baltimore Futures |
Product ID/Commodity Code | LCB |
Contract Unit | 1 MT |
Delivery Unit | 20 Contract Units or multiples of the Delivery Unit |
Unit of Measure | MT |
Trading Hours (All Singapore Time) |
Monday through Friday Pre-open session: 0930 hrs to 1000 hrs Normal Market Session: 1000 hrs to 2400 hrs |
Minimum Price Movement | 1 USD per MT |
Listed Contracts | 12 consecutive months |
Settlement Method | Physical Delivery |
Termination of Trading/Last Trading Day | Two (2) Business Days prior to Delivery Date |
Delivery Dates | Third Wednesday of the month that is a Business Day and is not preceded by a Business Day that is a US bank holiday, else it will be the next Business Day that is not preceded by a Business Day that is a US bank holiday |
Reportable Level | 25 Lots |
Position Limits (Spot Month) | 500 Lots |
Position Accountability Levels (any / all month) | 2500 Lots |
Price Limits | Fixed price limits which will be published via circulars |
Block Trade Minimum | 5 Lots |
Final Settlement Price |
Price determined by the Exchange on the Last Trading Day The Final Settlement Price is the basis for delivery |
Settlement Price Period | Daily Settlement Price 1325-1330 hrs LDN |
Final Settlement Price 1325-1330 hrs LDN |
Baltimore Contract Summary
Lithium Carbonate Baltimore Approved Brands/Producers
Lithium Carbonate Baltimore Approved Inspection Companies