Correction to hide and leather averages between December 2023 and May 2024

Fastmarkets has corrected several hide and leather monthly averages calculated between December 2023 and May 2024 after identifying a back-end calculation error.

Fastmarkets has corrected several hide and leather monthly averages calculated between December 2023 and May 2024 after identifying a back-end calculation error.

The full list of incorrect and corrected prices can be found here. Fastmarkets’ pricing database has been updated to reflect this change.

These prices are part of the Fastmarkets Industrial Agriculture package.

For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data submitter to this price, please email pricing@fastmarkets.com and industrialagriculture@fastmarkets.com. Please add the subject heading “Re: hide and leather averages”

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.

What to read next
Fastmarkets has corrected its CBAM Certificate Builder, €/tCO2e and CBAM Certificate Index, €/tCO2e for June 15 due to a backend calculation error.
Fastmarkets has corrected the May monthly average for AG-SC-0001 Sausage casings, resale, European hog runners, whiskered, ex-works Europe, €/strand due to a procedural lapse.
The proposal can be found here. Why has Fastmarkets issued a price consultation for the 65% Fe iron ore index? This is to ensure that the 65% Fe iron ore index continues to reflect the reality of the physical spot market, as well as to capture more data points for the index.   Will the […]
This consultation was done as part of our published annual methodology review process. 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 […]
Fastmarkets will implement methodology changes and clarifications to its global suite of battery-grade lithium carbonate and hydroxide assessments to align with observed trading practices, effective from Tuesday September 1, 2026.
Fastmarkets will publish a one-time differential on August 28, 2026, that may be used to adjust derivatives on commodity exchanges and other contracts, which settle against the assessment of the MB-LI-0033 lithium hydroxide, battery grade, spot price, cif China, Japan & Korea.