Amendment to Bauxite fob Brazil specifications, publishing time

Fastmarkets has amended the specifications and publishing time of its price assessment for Bauxite fob Brazil following an extended consultation

The original consultation started on April 22, but was then extended on May 23. The extended consultation period ended June 23 and the changes will come into effect starting from the next assessment on July 21.

The new fob Brazil methodology specifications are as follows:
MB-BX-0015 Bauxite, fob Trombetas, Brazil, $ per dmt
Quality: Total alumina 50%; total silica 5%; Fe 20% max; moisture content 7% min, 10% max; organic carbon 0.15% max
Quantity: Min 40,000 tonnes
Location: fob Trombetas (other ports normalized)
Timing: Within two months
Unit: USD per dmt
Payment terms: 30 days after loading (other payment terms normalized)
Publication: Monthly; third Thursday of the month, 3-4pm London time
Notes: Bulk carrier

The price will be in a range rather than a single number to better reflect the market level, with a monthly publication time of 3-4pm London time to align with Fastmarkets’ other aluminium prices and the specifications have been amended to align with the recently launched Bauxite, cif China assessment.

Previous bauxite fob Brazil price assessments can be found here.

To provide feedback on this [price/index] or if you would like to provide price information by becoming a data submitter to this price, please contact Carrie Bone by email at: pricing@fastmarkets.com. Please add the subject heading ‘FAO: Carrie re: Bauxite fob Brazil.’

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

What to read next
To view and download the schedules please visit: https://www.fastmarkets.com/methodology/forest-products For questions and comments please contact pricing.risi@fastmarkets.com.
Fastmarkets proposes to launch a ferro-chrome 50% Cr import, cif Indonesia price assessment to expand its coverage of the Asian ferro-chrome market.
After an extended consultation period, Fastmarkets will launch two new European aluminium low-carbon value-added product (VAP) differentials to complement its existing low-carbon offering in Europe and begin the phased discontinuation of the existing MB-AL-0382 aluminium low-carbon value-added product differential.
SAO PAULO, Nov 27, 2023 (PPI Latin America) – Fastmarkets RISI is inviting feedback from the industry on the pricing methodologies for Latin America Graphic Paper, as part of its announced annual methodology review process. This consultation, which is open until December 27, 2023, seeks to ensure that our methodologies continue to reflect the physical market […]
This consultation, which is open until December 27, 2023, 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. You can […]
This consultation, which is open until December 27, 2023, 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. You can […]