The MB-AL-0020 Aluminium P1020A premium, ddp Midwest US, US cents/lb rationale mistakenly quoted the London Metal Exchange cash/three month spread to be trading at a $0.15 per tonne contango at the time of assessment on Wednesday. That is now corrected to read that it was trading at a $37 per tonne contango at the time of assessment. […]

Fastmarkets proposes to continue to publish all delivered prices net of tariffs. The specifics of the global pulp markets likely to be most affected are detailed below. Asia Fastmarkets’ prices for pulp imports into China are on a CIF basis. Consequently, Fastmarkets will continue to assess these prices net of tariffs. To date, US pulp […]

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 […]

This consultation, which is open until May 14, 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 […]

The publication of Fastmarkets’ MB-CHO-0003 chrome ore South Africa UG2/MG concentrates index, cif China on Tuesday April 15 was delayed because of a technical issue. Fastmarkets’ pricing database has been updated. The following price was affected: MB-CHO-0003 Chrome ore South Africa UG2/MG concentrates index, cif China, $/tonne The price is a part of the Fastmarkets ores […]

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

Producers of copper appear to be adopting the public mantra of “keep calm and carry on” while trade tensions escalate. But this belies an underlying mood of concern that not just they, but the wider industry, has assumed

Extreme volatility in the stock market, and accompanying widespread concern about the broader economy distracted framing lumber traders all week. Constant shifts in news emanating from the White House about tariffs kept traders on edge. Many traders, particularly in Canada, spent much of the week at the Montreal Wood Convention. Buyers replenished cautiously and conservatively […]