Fastmarkets held an open consultation for the market to provide feedback and comments on its US-assessed palm and lauric oil prices. With no feedback having been received during the consultation, Fastmarkets will discontinue the following prices with effect from May 25: The above prices will be merged with the following prices: Under this change, Fastmarkets will […]

Fastmarkets invited feedback from the industry on the pricing methodology for its Middle East PIX Packaging GCC indices via an open consultation process between April 17 and May 20 2026.

The amendment follows the decision made on May 14, after a consultation period for the proposed changes, which took place between April 2 and May 11. The purpose of the change is to align the publication times to the activity in the relevant markets and ensure that subscribers receive timely and accurate pricing information. The affected […]

The amendment follows the decision made on May 14, after a consultation period for the proposed changes which took place between April 3 and May 11. The changes were first proposed in a pricing note published on April 3.  The purpose of the changes is to align the publication times to the activity in the […]

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 […]

Fastmarkets has launched three weekly wheat freight rate assessments — Ukraine-Egypt, CVB-Egypt and Russia-Saudi Arabia — and has clarified that its existing Black Sea-North Africa freight assessment refers to the Russia-Egypt route and its Black Sea-Persian Gulf assessment refers to the Russia-Iran route. The Russia-Egypt assessment will also transition from Supramax to Handy-sized vessels. All changes are effective Wednesday May 20, 2026.

Egypt is the world’s largest wheat importer, with consumption surpassing 20 million tonnes per year and a persistent structural import gap of approximately 10-13 million tpy despite initiatives to boost domestic production. Egypt also serves as a principal market for Black Sea suppliers, including Russia, Ukraine, Romania and Bulgaria. Until 2025, there was an established […]

Fastmarkets changed the timestamp for its daily used cooking oil flexi-tank, fob China and used cooking oil, bulk, fob China price assessments from 4:30pm London time to 4:30pm Singapore time effective Wednesday May 20, 2026, as a result of an open consultation.

The proposal follows Fastmarkets’ observations that the commodity sees inactive spot liquidity and low volatility in prices. The proposed new specifications for the prices are as follows, with the amendments in italics: MB-NI-0246 Nickel sulfate, cif Japan and Korea, $/tonneQuality: Accepted by buyer for use in battery applications with chemical composition: Ni content, base 22.3% […]

Fastmarkets’ daily steel hot-rolled coil index, fob mill US Midwest for Tuesday May 19 was published earlier than scheduled due to an error. Fastmarkets’ pricing database has been updated.