PRICING NOTICE: Proposal to stop pricing Metal Bulletin’s cobalt concentrate; start pricing cobalt tetroxide in yuan

Metal Bulletin is proposing to stop pricing cobalt concentrate (min 8% cif main Chinese ports $/lb), as the cobalt industry has been increasingly using other raw materials for production.

Metal Bulletin is proposing to stop pricing cobalt concentrate (min 8% cif main Chinese ports $/lb), as the cobalt industry has been increasingly using other raw materials for production.

We would also like to start pricing cobalt tetroxide in yuan, as the cobalt containing-chemical has become a very big part of cobalt consumption, and a clear indication of downstream market movement.

Metal Bulletin is now inviting feedback on this proposal and plans to make a decision in early 2015.

Please send comments on the proposed changes to Metal Bulletin non-ferrous deputy editor Fleur Ritzema at fritzema@metalbulletin.com, or Linda Lin at linda.lin@metalbulletinasia.com by January 31.

What to read next
Fastmarkets has corrected its US biodiesel SME and FAME fob New York Harbor and fob US Gulf, which were published incorrectly on Thursday August 7. Fastmarkets has corrected the prices for the following biodiesel assessments: EN-BD-0017 Biodiesel, SME, B100, flat price, fob US Gulf, $/gal was incorrectly published as $4.3388-4.5488 per gallon. This has been corrected […]
This reflects changing market dynamics with a preference from market participants for more visibility on a price for Laos-origin material while noting liquidity decline on an FOB Southern Turkey basis. The proposed price specifications will be as follows: Barite, drilling grade, unground lump, API, bulk, SG 4.10 fob Vietnam, $ per tonneQuality: API grade, SG 4.10 […]
The publication of the affected price was delayed for 29 minutes. The following assessment was published late: MB-ZN-0110 Zinc spot concentrate TC, cif China, $/per tonne This price is a part of the Fastmarkets Base Metals Physical Prices package. For more information or to provide feedback on the delayed publication of this price or if you […]
Fastmarkets proposes to launch magnesia, dead burned, 90% MgO, cif Europe, $/tonne and magnesia, dead burned, 97% MgO, cif Europe, $/tonne price assessments. Following preliminary discussions with the market, Fastmarkets received feedback that these grades of magnesium oxide have been increasingly used for producing refractory materials in Europe. The new launch would cover imports of […]
After consultation, Fastmarkets has launched this weekly price assessment. Turkish hot-rolled coil producers already have capacity installed for slab production, but numerous mills can also produce billet and their end product includes long steel as well. As a result, the installed capacity is not always sufficient to produce slab to be used for HRC production […]
This price is a part of the Fastmarkets scrap package. For more information on our North America Ferrous Scrap methodology and specifications please click here. To get in touch about access to this price assessment, please contact customer.success@fastmarkets.com.