Trade lithium carbonate with a physically-deliverable benchmark contract that delivers real US dollar-denominated market pricing for this battery metal in Asia, outside of China. Designed for traders and commercial participants, Abaxx Lithium Carbonate Singapore futures offer reliable price discovery, a more precise hedging instrument, and the ability to optimize your supply chain.
Abaxx’s Lithium Carbonate Singapore futures contract is a US dollar-denominated, 1 tonne, delivered-at-place (DAP) contract, physically-deliverable in Singapore.

 

Rule Chapter	1500
Contract	Lithium Carbonate Singapore Futures
Product ID/Commodity Code	LCS
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