The Intercontinental Exchange (ICE) to launch the first-ever ICE futures contracts for lithium carbonate, lithium hydroxide, spodumene concentrate, and cobalt hydroxide. For the first time, global traders, automakers, and lithium producers will have Western-aligned, cash-settled futures to hedge exposure to lithium prices—crucial as geopolitical tensions limit the appeal of Chinese exchanges.
This may help determining better pricing mechanism.
