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).
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.
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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.
Explore this product in depth
Download the Spodumene Trading Grids for CME Direct
- Right click on the buttons below
- Save the files as an .XML on your computer
- In CME Direct, select import view in the main menu
- Import the grid into CME Direct
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Courses
Take self-guided courses on Metals futures and options products.
If you’re new to futures, the courses below can help you quickly understand the Metals market and start trading.
Contact a Metals expert
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