Fastmarkets LME Nickel March Average skewed by suspension of market: subscriber notice

The Fastmarkets LME Nickel March Average has been skewed by the suspension of the market followed by the disrupted Officials published for the 8-21st March and the 23rd March.

Please see the LME Notice 22/064 Nickel Market Update Resumption of Trading, paragraph 24 in regard to Averages methodology in the event of a disrupted Official.

Fastmarkets is reviewing the situation and will provide further updates in due course.

For more information, please refer to https://www.lme.com/en/News

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.