Given the prevailing specifications of mid-grade iron ore fines and mid-grade Australia lump in the seaborne spot market, Fastmarkets proposes to launch the index to track and reflect the spot price of 60-63% Fe iron ore lump over the spot price of 61% Fe iron ore fines in the CFR Qingdao spot market, aligning with […]

No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. This consultation sought 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 […]

The publication of Fastmarkets’ MB-ALU-0002 Alumina index, fob Australia, $/tonne for Monday September 8 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated.

The following prices will not be published on September 1 and September 15 due to additional Malaysia public holidays as part of the National Day holiday on August 31 and Malaysia Day holiday on September 16: AG-PLM-0008   Crude Palm Oil Domestic Malaysia MYR/mt AG-PLM-0009   Crude Palm Oil FOB Malaysia $/mtAG-PLM-0010   Refined Bleached Deodorised (RBD) Palm Olein […]

On August 18 the following prices were published incorrectly: MB-ALU-0002 Alumina index, fob Australia, $/tonne was published in error as $369.13 per tonne. This has now been corrected to $369.10 per tonne. MB-ALU-0019 Alumina index inferred, fob Indonesia, $/tonne was published in error as $378.13 per tonne. This has now been corrected to $378.10 per tonne. MB-ALU-0018 Alumina […]

The price assessment for AG-PLM-0017 Crude palm oil, Indonesia PTPN tender will not be published on Monday August 18 due to an ad hoc additional national holiday declared by the Indonesian government, which results in no local tender carried out on the day.   Fastmarkets’ pricing holiday calendar has been updated to reflect these changes. You can find […]

New steelmakers in Southeast Asia are embracing hydrogen-based DRI, electric arc furnaces and renewable energy to advance green steel production and counter oversupply pressures, reshaping both market competition and raw material demand.

The rationale for MB-IRO-0009 iron ore 65% Fe Brazil-origin fines, cfr Qingdao index on Friday August 8 had erroneously omitted the judgment for carry-over step. The rationale entry has been corrected as follows: Fastmarkets’ index for iron ore 65% Fe Brazil-origin fines, CFR Qingdao fell by $0.08 per tonne from the previous day. The price movement was […]

This reflects changing market dynamics with a preference from market participants for more visibility on a price for Laos-origin material while noting liquidity decline on an FOB Southern Turkey basis. The proposed price specifications will be as follows: Barite, drilling grade, unground lump, API, bulk, SG 4.10 fob Vietnam, $ per tonneQuality: API grade, SG 4.10 […]

The following prices were affected: CB-CC-0001 REDD+ Latin America, $/tCO2eCB-CC-0002 REDD+ v19 differential, Latin America, $/tCO2eCB-CC-0003 REDD+ v20 differential, Latin America, $/tCO2eCB-CC-0004 REDD+ v21 differential, Latin America, $/tCO2eCB-CC-0005 REDD+, Sub-Saharan Africa, $/tCO2eCB-CC-0006 REDD+ v19 differential, Sub-Saharan Africa, $/tCO2eCB-CC-0007 REDD+ v20 differential, Sub-Saharan Africa, $/tCO2eCB-CC-0008 REDD+ v21 differential, Sub-Saharan Africa, $/tCO2eCB-CC-0009 REDD+, Southeast Asia, $/tCO2eCB-CC-0010 REDD+ v19 differential, Southeast Asia, $/tCO2eCB-CC-0011 REDD+ v20 differential, Southeast Asia, $/tCO2eCB-CC-0012 REDD+ […]