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The price will be published weekly on Friday 5-6pm Shanghai time, instead of 7pm Shanghai time previously.
The amendment aims to better reflect the prices of technology and energy metals (TEM) in the Chinese market and ensure that subscribers receive timely and accurate pricing information.
The amendment was first announced in a pricing notice published on April 17.
The new specifications for the price are as follows, with the amendments in italics:
MB-SB-0014 Antimony trioxide 99.5% Sb2O3 min, exw China, yuan/tonneQuality: White crystalline powder, Sb2O3 99.5% min, As 0.045% max, Pb 0.093% max, Fe 0.0042% max, Cu 0.0025% max, Se 0.005% max, Bi 0.002% max, Cd 0.0015% maxQuantity: Min 10 tonnesLocation: Ex-works ChinaTiming: SpotUnit: CNY per tonnePayment terms: Cash, other terms normalizedPublication: Weekly. Friday 5-6 pm Shanghai time
These prices are a part of the Fastmarkets industrial minerals package.
Please send any questions or comments to pricing@fastmarkets.com and industrialminerals@fastmarkets.com. Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.
To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.