Delayed publication of US nickel premiums

The publication of Fastmarkets’ nickel briquette premium, delivered Midwest US and nickel 4x4 cathode premium, delivered Midwest US was delayed on Tuesday March 8.

The specifications for the affected prices are as follows:

MB-NI-0241 Nickel briquette premium, delivered Midwest US, US cents/lb
Quality: 99.8% minimum primary nickel briquette conforming to LME specification: ASTM B39-79 (2013) or GB/T 6516-2010 – Ni9990 grade specification: ASTM B39-79 (2013) or GB/T 6516-2010 – Ni9990 grade
Quantity: Min 20 tonnes
Location: Delivered consumer works US
Delivery: Within four weeks Unit: US cents per lb
Payment terms: 30 days, other terms normalized
Publication: Tuesday 3-4pm London time

MB-NI-0240 Nickel 4×4 cathode premium, delivered Midwest US, US cents/lb
Quality: 99.8% minimum primary 4×4 cut cathode conforming to LME specification: ASTM B39-79 (2013) or GB/T 6516-2010 – Ni9990 grade specification: ASTM B39-79 (2013) or GB/T 6516-2010 – Ni9990 grade
Quantity: Min 20 tonnes
Location: Delivered consumer works US
Delivery: Within four weeks
Unit: US cents per lb
Payment terms: 30 days, other payment terms normalized
Publication: Every Tuesday between 3pm and 4pm London time

Fastmarkets AMM’s Price Tracker and database have since been updated

For more information or to provide feedback on the delayed publication, or if you would like to provide price information by becoming a data submitter, please contact Chris Kavanagh by email at pricing@fastmarkets.com. Please add the subject heading: FAO: Chris Kavanagh, re: Nickel prices.

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

What to read next
This consultation, which is open until April 27, seeks to ensure that our methodologies continue to reflect the physical market, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. The prices under review are: […]
This consultation, which is open until April 27, seeks to ensure that our methodologies continue to reflect the physical market, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. The prices under review are:• […]
This consultation, which is open until April 27, seeks to ensure that our methodologies continue to reflect the physical market, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. The prices under review are:• […]
This consultation, which is open until April 27, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. The prices under […]
Fastmarkets is inviting feedback from the industry on the pricing methodology for its fob and cif manganese ore indices, as part of its annual methodology review process.
Fastmarkets has corrected its MB-IRO-0010, iron ore 62.5% Fe Australia-origin lump ore premium, cfr Qingdao, which was published incorrectly Monday March 23 due to a typographical error.