Amendment to publication time of inferred China cobalt hydroxide price assessment

After a consultation period, Fastmarkets has amended the publication time of its inferred China cobalt hydroxide price assessment from 3:00pm London time to 3:30pm, to begin on Monday May 9.

The change to the timing of the publication of the price assessment for MB-CO-0023 cobalt hydroxide, min 30% Co, inferred, China, will give the calculation more time to align with the corresponding price assessment for cobalt standard grade, in-whs Rotterdam, which is published daily at 3:00pm London time.

The amendment had gone through a four-week consultation period, with no feedback disagreeing with the proposed change.

The daily cobalt hydroxide inferred price is calculated by multiplying the low-end of the cobalt standard grade, in-whs Rotterdam, price assessment by the prevailing midpoint of Fastmarkets’ cobalt hydroxide payable indicator, min 30% Co, cif China.

To provide feedback on this price, or if you would like to provide price information by becoming a data submitter to this price, please contact Justin Yang by email at: pricing@fastmarkets.com. Please add the subject heading ‘FAO: Justin Yang, re: cobalt hydroxide, min 30% Co, inferred, China.’

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

What to read next
Fastmarkets proposes to extend the shipment window of its alumina index inferred, fob Brazil, to allow for greater inclusion of reported liquidity, and to increase the frequency of publication to weekly.
Following a month-long consultation period, Fastmarkets has amended the methodology for the bi-weekly assessment of the aluminium P1020A main Japanese ports (MJP) spot premium, to include domestic tenders and deals from the Japanese market.
Fastmarkets proposes to discontinue its ferrous scrap consumer buying price for cast iron borings in Pittsburgh due to a lack of liquidity.
Fastmarkets is proposing a realignment of its consumer buying price for ferrous scrap No1 busheling in Cincinnati and Pittsburgh, effective from the May 2023 monthly settlement.
A drive by electric vehicle (EV) manufacturers to improve the affordability of their cars may upend an expectation by some market observers that future EV dominance of automotive production will sharply reduce demand for special bar quality (SBQ) steel
The publication of Fastmarkets’ US rebar prices took place earlier than scheduled on Wednesday March 22 due to a reviewer error.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed