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Lithium Carbonate Baltimore

Lithium Carbonate Baltimore

Lithium Carbonate Baltimore Contract Summary

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

 

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Baltimore Contract Summary

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Lithium Carbonate Baltimore Approved Brands/Producers

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Lithium Carbonate Baltimore Approved Inspection Companies

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