Fastmarkets received an array of feedback regarding the proposed changes following the publication of the initial consultation on February 24 and the subsequent extension to the consultation on March 26 to April 9.   After carefully reviewing the feedback received, Fastmarkets has decided to proceed with the inclusion of Greatpower cut cathodes, Hanrui cut cathodes, Lygend cut cathodes, and […]

A recent consultation sought feedback on the inclusion of brands into the cobalt standard grade brand list. The feedback received was mixed in its support of adding a powder brand; as a result, Fastmarkets is reopening part of the previous consultation to seek further feedback and clarity on the proposed change. Due to a limited […]

The decision follows a a one-month consultation, which started on Friday March 14 and ended on April 11, with the amendment taking effect from Wednesday April 16. No comments were submitted during the consultation period. Following the end of the consultation, the name of the index has been modified to steel scrap, sheared HMS 1&2 (80:20 mix), index, […]

Fastmarkets wishes to clarify details around the following aspects of the pricing calendar for its MB-MNO-0002 manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth. Fastmarkets will publish the MB-MNO-0002 manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, on Tuesday April 22 as a replacement for publication on the UK Good Friday public holiday […]

Most Ukraine-based trade sources estimate the country’s crop output for the 2025/26 marketing year to be up from the previous year, with a significant increase expected for corn, while barley and wheat crops are forecast to be largely unchanged from 2024/25, Fastmarkets heard.

Ukraine's grain export volumes rose to 669,000 tonnes during the week to Sunday April 13, a 60% increase compared with the previous week, according to data released by the State Customs Service on Monday

This consultation, which is open until May 10, 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 find […]

“Biodiesel margins [in the US] are in the gutter,” a biodiesel producer told Fastmarkets on Monday April 14. Gross margins on Friday April 11 were firmly negative for biodiesel production and negative to breakeven for renewable diesel production, sources said.

Fastmarkets invited feedback from the industry on the pricing methodology for iron ore indices, via an open consultation process between March 10 to April 7 2025.This consultation was done as part of our published annual methodology review process. A full list of all the prices covered can be found in the original consultation. Fastmarkets received feedback […]

Tariffs are creating a short-term period of volatility, but are not shifting conviction on the long-term fundamentals of the copper market, the chief executive officer of Rio Tinto Copper has said