Will the Lithium Hydroxide monohydrate spot price (CIF China, Japan & Korea) be above 8$ USD/kg by the end of the year?

Resolution criteria

This market will resolve to "Yes" if the spot price of battery-grade lithium hydroxide monohydrate (LiOH·H₂O, minimum 56.5% LiOH) on a cost, insurance, and freight (CIF) basis to China, Japan, and Korea is above $8.00 USD per kilogram on December 31, 2025.

Background

Lithium hydroxide is a key component in the production of high-nickel cathode materials for lithium-ion batteries, which are widely used in electric vehicles (EVs) and energy storage systems. The market has experienced significant price volatility in recent years due to fluctuations in supply and demand dynamics.