Clarification of methodology for MHP nickel payable indicator: pricing notice

To increase the transparency of our methodology, Fastmarkets clarifies that the quotation period of the MHP nickel payable indicator is the month of delivery, or the month M.

Any data points Fastmarkets received otherwise will be normalized to the M month based on the monthly spreads of the prevailing exchange-traded Class-1 nickel reference price, or as expressed by participants.

You can find the updated methodology for the MHP nickel payable indicator here: https://www.fastmarkets.com/methodology.

To provide feedback on this clarification for the MHP nickel payable indicator methodology please contact Dylan Duan and Sybil Pan by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Dylan Duan, Sybil Pan, re: MHP nickel payable indicator.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.