Fastmarkets has corrected the rationale for its price indices for MB-IRO-0008 62% Fe fines, cfr Qingdao and for MB-IRO-0191 61% Fe fines, cfr Qingdao, which was published incorrectly on Thursday October 16. The fixed-price equivalence of several floated-price transaction concluded on a public platform were erroneously recorded in the trade log part of rationale in […]

The publication of Fastmarkets’ MB-ALU-0002 alumina index, fob Australia assessment for Thursday October 30 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated.

Fastmarkets will apply moisture limits of maximum 5% on its black mass payables indicators across several of its markets following a one-month consultation period.

The proposal is driven by the insufficient price inputs under the current market conditions and by market feedback about a lack of liquidity on an outright basis for the NPI contract price. Specifically, Fastmarkets is proposing to discontinue: MB-FEN-0001 Nickel pig iron, high-grade NPI content 10-15%, contract, ddp China, yuan/nickel unit price Quality: Lump. Ni10-15%, Fe 80%, […]

The spot price for AG-PLM-0022 refined bleached deodorised (RBD) palm stearin fob Indonesia was published incorrectly on Thursday as $1,070 per tonne and has been corrected to $1,050 per tonne. The M1 November price for refined bleached deodorised palm stearin on Thursday has also been corrected to $1,050 per tonne from $1,070 per tonne. Fastmarkets’ pricing database […]

Explore the shift in boxboard trade patterns as new EU regulations redefine market dynamics for Asian exporters with opportunities in Latin America.

After a one-month consultation period, which ended on Wednesday October 8, Fastmarkets has decided to launch the two new containerboard prices to enhance its coverage of the Indonesian market. Indonesia, with Southeast Asia’s biggest economy and a gross domestic product of $1.4 trillion, has thriving e-commerce and export sectors which depend on corrugated packaging. The […]

The publication of Fastmarkets’ steel slab import, cfr Southeast Asia/East Asia, assessment for Monday October 6 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The following assessment was published late: MB-STE-0140, steel slab import, cfr Southeast Asia/East Asia, $/tonne [LINK] This price are a part of the Fastmarkets steel package. […]

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 […]