PRICING NOTICE: Proposal to discontinue pricing of cif India zinc ingot premiums

Fastmarkets proposes to discontinue the pricing of zinc ingot premiums on a cif India basis.

Currently, Fastmarkets prices the following premiums:

The expansion of production capacity by Hindustan Zinc means there is currently no spot market for imported zinc in India, and nor has there been for much of 2019.

The consultation period for this price discontinuation will end one month from the date of this pricing notice on Tuesday February 11, with changes taking place, subject to market feedback, from February 14.

If you are affected by this price discontinuation or to provide feedback please contact pricing@fastmarkets.com. by February 11. Please
add the subject heading ‘FAO: Archie Hunter / Julian Luk Re: India zinc premiums’.

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

What to read next
Fastmarkets has corrected the pricing rationale for MB-AL-0302 aluminium 6063 extrusion billet premium, ddp North Germany (Ruhr region), $/tonne, which was published incorrectly on Friday April 19. No prices were corrected.
Fastmarkets proposes to amend the specifications of five of its steel products assessments and billet index originating from the Black Sea basin.
Fastmarkets launched a suite of CIF India aluminium scrap prices on Wednesday April 17.
Fastmarkets is inviting feedback from the industry on the methodology for its audited non-ferrous price assessments, as part of its announced annual methodology review process.
This consultation, which is open until May 16, 2024, seeks to ensure that our methodologies continue to reflect the physical graphic paper 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. Fastmarkets FOEX […]
Fastmarkets launches MB-STE-0914 steel coil 55% Al-Zn coated steel import, South Korean-made, ddp Gulf Ports, and MB-STE-0915 steel coil 55% Al-Zn coated steel import, non-South Korean-made, ddp Gulf Ports on Tuesday April 16.