Correction to ilmenite, rutile price assessments on February 5

Fastmarkets has corrected its price assessments for MB-ILM-0004 ilmenite concentrate, 47-49% TiO2, cif China, $ per tonne; MB-RUT-0002 rutile 95% TiO2 min, bagged, fob Australia, $ per tonne; and MB-RUT-0001 Rutile 95% TiO2 min, large volumes for pigment, fob Australia, $ per tonne; which were published erroneously because of a procedural error.

These fortnightly prices were published on February 5 and have now been cancelled. Fastmarkets’ pricing database has been updated to reflect the changes.

The next publication will be on February 12, when the market will be assessed as normal.

The following prices were published early:

MB-ILM-0004 ilmenite concentrate, 47-49% TiO2, cif China, $ per tonne

MB-RUT-0002 rutile 95% TiO2 min, bagged, fob Australia, $ per tonne

MB-RUT-0001 rutile 95% TiO2 min, large volumes for pigment, fob Australia, $ per tonne

These prices are undergoing a market consultation for feedback on Fastmarkets’ proposal to amend the assessment frequency to a monthly pricing basis, in line with Fastmarkets’ zircon coverage.

These prices are part of Fastmarkets’ industrial minerals package.

For more information, or to provide feedback on the early publication of these prices, or if you would like to provide price information by becoming a data submitter to these prices, please contact Fastmarkets by email at: pricing@fastmarkets.com and temlondon@fastmarkets.com. Please add the subject heading “FAO: Pricing Team re: ilmenite and rutile.”

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 the Fastmarkets methodology page.

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