FIS arranges first 2028 Lithium Hydroxide trades on CME

29/07/2026 – Freight Investor Services (FIS) has arranged the first 2028 tenor Lithium Hydroxide trades, marking another milestone in the development of the battery metals derivatives market.

The first trade was a Q1 2028 Lithium Hydroxide contract at $20.55 in 30 tonnes per month and cleared via CME.

Anna Chadwick, Head of Battery Metals of FIS, said:

“It’s great to see FIS further advance the battery metals market and enable the opening up of volume into Cal-28 for the Lithium Hydroxide contract. This is a strong indicator of the confidence counterparties have in the contract as a liquidity tool to hedge and trade their long-term exposure. It also gives long-term project financing and offtake negotiations a more credible forward price reference.”

 

If you are interested in knowing more about FIS’s analysis and product offering, please contact enquiry@freightinvestor.com 

Disclaimer: The information provided in this communication is not intended for retail clients. It is general in nature only and does not constitute advice or an offer to sell, or the solicitation of an offer to purchase any swap or other financial instruments, nor constitute any recommendation on our part. The information has been prepared without considering your investment objectives, financial situation, or knowledge and experience. This material is not a research report and is not intended as such. FIS is not responsible for any trading decisions taken based on this communication. Trading swaps and over-the-counter derivatives, exchange-traded derivatives, and options involve substantial risk and are not suitable for all investors. You are advised to perform an independent investigation to determine whether a transaction is suitable for you. No part of this material may be copied or duplicated in any form by any means or redistributed without our prior written consent. Freight Investor Services Ltd (FIS) is authorised and regulated by the Financial Conduct Authority (FRN: 211452) and is a member of the National Futures Association (“NFA”). Freight Investor Services PTE Ltd (‘FIS PTE’) is a private limited company, incorporated and registered in Singapore with company number 200603922G, and has subsidiary offices in India and Shanghai. Freight Investor Solutions DMCC (‘FIS DMCC’) is a private limited company, incorporated and registered in Dubai with company number DMCC1225. Further information about FIS including the location of its offices can be found on our website at freightinvestorservices.com.

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