PRICING NOTICE: Extension of consultation to discontinue 5 precious metals prices

Fastmarkets is extending until October 15 the consultation period for its proposal to discontinue five of its precious metals prices.

Fastmarkets made this decision because the responses received to date have identified a need to conduct more in-depth consultation into the usage of and need for these prices.

The prices being proposed for discontinuation are as follows:

Platinum min 99.9% Europe Free Market $ per troy oz in warehouse
Palladium min 99.9% Europe Free Market $ per troy oz in warehouse
Rhodium min 99.9% Europe Free Market $ per troy oz in warehouse
Iridium ingot min 99.9% Europe Free Market $ per troy oz in warehouse
Ruthenium min 99.9% Europe Free Market $ per troy oz in warehouse

The consultation period for this proposal was due to end on October 1 but has been extended by two weeks to allow this further engagement of the market to take place.

To provide feedback on these prices or if you would like to provide price information by becoming a data submitter to these prices, please contact pricing@fastmarkets.com. Please add the subject heading ‘FAO: Mary Higgins, re: precious metals.’

To see all Fastmarkets’ pricing methodology and specification documents, please go to www.fastmarkets.com/about-us/methodology.

What to read next
After a consultation period, Fastmarkets has amended the pricing frequency of its MB-STE-0141 steel billet import, cfr Manila, $/tonne, price assessment from a daily basis to twice per week.
Fastmarkets invites further feedback on proposed amendments to its newly launched MB-NI-0256 Nickel low-carbon briquette premium, cif global, price assessment.
Fastmarkets proposes to amend its MB-STE-0782 steel billet export, fob ports Iran and MB-STS-0019 steel slab export, fob ports Iran assessments.
Fastmarkets proposes to amend its MB-STE-0896 steel slab import, cif Italy, $/tonne price assessment.
The publication of the following prices was delayed on Tuesday April 30 due to technical issues. Fastmarkets’ pricing database has been updated.
The publication of Fastmarkets’ cobalt hydroxide, min 30% co, inferred price was delayed on Tuesday April 30 due to a technical error. Fastmarkets’ pricing database has been updated.