This consultation was done as part of our published annual methodology review process. Fastmarkets received no feedback requiring further consultation and therefore no changes will be made to the methodologies at this stage. Full details of the prices covered by this consultation can be found on the Fastmarkets dashboard. This consultation sought to ensure that […]

This consultation was done as part of our published annual methodology review process. No feedback was received and therefore no changes will be made to the methodologies at this stage. Full details of the prices covered by this consultation can be found on the Fastmarkets dashboard. https://dashboard.fastmarkets.com/a/5226897/open-consultation-on-annual-methodology-review-for-ferro-molybdenum-in-whs-rotterdam-molybdic-oxide-in-whs-rotterdam-busan-pricing-notice This consultation sought to ensure that our methodologies […]

This consultation, which is open until May 30, 2025, 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 […]

Market uncertainty has risen sharply following the introduction of Chinese export controls on products made from seven heavy rare earth elements, including gadolinium, on April 4. Fastmarkets has launched a new high-purity gadolinium oxide price in Europe – gadolinium oxide 99.99%- 99.999%, ex-warehouse Rotterdam, $/kg – to provide much needed transparency to a supply chain […]

The lower end of the range was originally incorrectly published due to a procedure lapse. The price was originally published at $28-32 per lb. The bismuth 99.99% Bi min, in-whs Rotterdam assessment has since been corrected to $25-32 per lb. Fastmarkets’ pricing database has been updated to reflect this change. This price is part of the Fastmarkets […]

China's shipbuilding sector remains strong despite proposed US tariffs, leading the industry for the 15th consecutive year in 2024 with 55.7% of global completions and 74.1% of new orders. Chinese shipyards benefit from low labor costs, efficient supply chains and competitive steel prices, offering vessels at significantly lower costs than US equivalents. High demand for materials and next-gen vessels further reinforces China's dominance in global shipbuilding.

Explore how rare earths power innovation, China's dominance and efforts to build a resilient global supply chain

Following an initial consultation with the market, and a review of typical data sets that are collected over the recent months, the amendment also aims to ensure the index remains representative of the Australian-origin iron ore lumps in the CFR China spot market within the index specification range, including Pilbara Blend Lump and Newman Lump.  The […]

Fastmarkets’ pricing database has been updated to reflect the following changes: AG-SYB-0037 Soymeal CIF US Gulf Barge Hipro $/mtIncorrect prices:M1: $331.75 per tonneM2 $334.25 per tonneM3 $334.25 per tonneCorrected to:M1: $329.50 per tonneM2: $332.50 per tonneM3: $332.50 per tonne AG-SYB-0039 Soymeal FOB US Gulf Hipro $/mtIncorrect prices:M1: $334 per tonneM2 $337.75 per tonneM3 $337.75 per tonneCorrected to:M1: $331.75 per […]

The US warned of Chinese dominance in the rare earths market, while the UK and EU pushed for a coordinated approach to decarbonization and electrification at the UK-hosted International Energy Agency (IEA) Summit on the Future of Energy Security in London on Thursday April 24.