--- title: CME To Launch Lithium Futures on May 3 description: They are the latest tool from CME to help establish a forward curve for a key material in the green economy. image: https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/1024px-Federal_Reserve_Bank_Chicago_165_West_Quincy_Street-May-12-2022-09-10-56-69-AM.jpg --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/cme-to-launch-lithium-futures-on-may-3#popup-newsletter) #### Want the latest news on securities markets -- FREE? Sign up to receive exclusive articles on topics including: - Equity market structure - Profiles of buy-side investment firms - The evolution of multi-asset-class trading - Regulation and its implications for markets - The search for liquidity in fixed income markets - The convergence of fintech and capital markets Select one or more newsletters you would like to receive: menu [![Markerts media](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/header%20logo.svg "Markerts media")](https://articles.marketsmedia.com/) - [Futures](https://articles.marketsmedia.com/tag/futures) - Futures - CME To Launch Lithium Futures on May 3 Search - [Home](https://articles.marketsmedia.com/) - [Trending](https://articles.marketsmedia.com/tag/trending) - [Featured](https://articles.marketsmedia.com/tag/daily-email-feature) - [Sectors](https://articles.marketsmedia.com/tag/sectors) - [From The Markets](https://articles.marketsmedia.com/tag/from-the-markets) - [AWARDS](https://articles.marketsmedia.com/tag/events) - [Newsletter](https://awards.marketsmedia.com/newsletter-sign-up) - [Newsletter](https://articles.marketsmedia.com/cme-to-launch-lithium-futures-on-may-3#popup-newsletter) Hide search Search - NewsLetter ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/trading-up-occ-iex-select-board-members-citadel-lands-lieblich-573x379-Jul-07-2022-09-34-11-57-AM.jpg) [ON THE MOVE: Citi Hires Artie Ambrose;...](https://articles.marketsmedia.com/on-the-move-citi-hires-artie-ambrose-natalie-a-brown-to-mesirow) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_445735906_L.jpg) [Trading Adapts to ESG and Sustainable...](https://articles.marketsmedia.com/trading-adapts-to-esg-and-sustainable-investing) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/iStock-917493152-Jul-07-2022-09-34-19-09-AM.jpg) [Focus on FX Execution Connectivity](https://articles.marketsmedia.com/focus-on-fx-execution-connectivity) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_333839538_L.jpg) [TRACE Turns 20](https://articles.marketsmedia.com/trace-turns-20) 04.09.2021 By Shanny Basar Futures # CME To Launch Lithium Futures on May 3 04.09.2021 By Shanny Basar ![CME To Launch Lithium Futures on May 3](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/1024px-Federal_Reserve_Bank_Chicago_165_West_Quincy_Street-May-12-2022-09-10-56-69-AM.jpg) [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/cme-to-launch-lithium-futures-on-may-3) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/cme-to-launch-lithium-futures-on-may-3) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/cme-to-launch-lithium-futures-on-may-3) CME Group, the world's leading and most diverse derivatives marketplace, announced that it will launch Lithium Hydroxide CIF CJK (Fastmarkets) futures on May 3, pending all relevant regulatory reviews. Lithium futures are designed to help market participants manage their battery metals risk, and they represent the latest tool the exchange has launched to help establish a forward curve for a key material in the green economy, joining the recent launch of CME Group’s Cobalt Metal (Fastmarkets) futures. https://twitter.com/CMEGroup/status/1380169301932568578 “Demand for key battery metals like Lithium and Cobalt continues to accelerate as economies invest in lower carbon alternatives for the transportation sector,” said Young-Jin Chang, Managing Director and Global Head of Metals at CME Group. “CME Group is the destination for managing global metals risk, and the new Lithium futures will provide our customers with another tool for managing the price risks associated with the manufacturing of electric vehicles.” "We are pleased that CME Group plans to expand their battery metals product offerings with the introduction of Lithium futures,” said Kevin Smith, Managing Director of Energy Metals at Traxys. “Demand for Lithium continues to grow alongside the increase in adoption of electric vehicles and we look forward to the enhanced price discovery and risk management capabilities this new contract will bring to the marketplace.” The International Energy Agency (IEA) estimated that in 2020, global sales of electric vehicles grew 40% from the 2.1 million cars sold in 2019. Overall demand for electric vehicles is expected to continue to grow, with many car manufacturing companies pledging to introduce new electric vehicle models over the next decade to help meet carbon-neutral targets. Lithium futures will be financially-settled based on the Lithium Hydroxide assessment published by Fastmarkets, which reflects the cost, insurance and freight (CIF) spot price in China, Japan and South Korea, where the majority of battery manufacturing capacity is concentrated today. “The battery raw materials metals market is rapidly evolving as electric vehicle demand continues to grow, creating new hedging needs for market participants,” said Fastmarkets CEO Raju Daswani. “Fastmarkets has a 100-year track record in commodity data and information services and a strong reputation for creating transparent and compliant pricing mechanisms across these markets. We are excited to work with CME Group to build upon the successful launch of Cobalt futures and help create comprehensive risk management solutions that support the entire battery metals supply chain.” Lithium futures will be listed by and subject to the rules of COMEX. For contracts specifications, or for more information on CME Group’s battery metals products, please visit: [www.cmegroup.com/lithium](http://www.cmegroup.com/lithium). Source: CME Group [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/cme-to-launch-lithium-futures-on-may-3) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/cme-to-launch-lithium-futures-on-may-3) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/cme-to-launch-lithium-futures-on-may-3) ![email](https://articles.marketsmedia.com/hubfs/Markets%20Media/email.svg) ### NEWSLETTER SIGN UP And receive exclusive articles on securities markets ### Related articles 1. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/trading-across-the-pond-Jul-07-2022-09-33-17-07-AM.png?width=376&height=250&name=trading-across-the-pond-Jul-07-2022-09-33-17-07-AM.png)](https://articles.marketsmedia.com/eu-achieves-electronic-trading-of-standardized-otc-derivatives) Regulation ## [EU Achieves Electronic Trading of Standard OTC Derivatives](https://articles.marketsmedia.com/eu-achieves-electronic-trading-of-standardized-otc-derivatives) ISDA warns on proposed changes to post-trade deferrals regime. 07.07.2022 By Shanny Basar 2. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/iStock-522304914-Jul-07-2022-09-33-41-28-AM.jpg?width=376&height=250&name=iStock-522304914-Jul-07-2022-09-33-41-28-AM.jpg)](https://articles.marketsmedia.com/six-digital-exchange-collaborates-with-fireblocks) Fintech ## [SIX Digital Exchange Collaborates with Fireblocks](https://articles.marketsmedia.com/six-digital-exchange-collaborates-with-fireblocks) The partnership will focus on delivering an institutional custody solution for digital assets. 07.07.2022 By Shanny Basar 3. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/Depositphotos_103566932_L-2.jpg?width=376&height=250&name=Depositphotos_103566932_L-2.jpg)](https://articles.marketsmedia.com/iosco-publishes-crypto-asset-roadmap) Regulators ## [IOSCO Publishes Crypto-Asset Roadmap](https://articles.marketsmedia.com/iosco-publishes-crypto-asset-roadmap) The IOSCO Fintech Task Force will collaborate closely with other international bodies. 07.07.2022 By Shanny Basar [![MarketsMedia](https://articles.marketsmedia.com/hubfs/MarketsMedia.svg "MarketsMedia")](http://marketsmedia.com) - [About us](https://www.marketsmedia.com/about-us) - [Careers](https://www.marketsmediagroup.com/careers) - [Contact](https://www.marketsmediagroup.com/contact) - [Advertise](https://www.marketsmediagroup.com/advertise) - [Newsletter](https://awards.marketsmedia.com/newsletter-sign-up) - [Corporate Site](https://marketsmediagroup.com) - © 2026 Markets Media Holdings LLC - - Terms & Conditions - Privacy Policy {{ standard\_footer\_includes }}