Correction to rationale of nickel mixed hydroxide precipitate payable indicator for February 26

Fastmarkets has corrected the rationale for its MB-NIO-0004 Nickel mixed hydroxide precipitate payable indicator, % London Metal Exchange, cif China, Japan and South Korea that was published incorrectly on Wednesday February 26.

Fastmarkets has corrected the rationale for its MB-NIO-0004 Nickel mixed hydroxide precipitate payable indicator, % London Metal Exchange, cif China, Japan and South Korea that was published incorrectly on Wednesday February 26.

The rationale mistakenly stated that the nickel mixed hydroxide precipitate payable indicator was unchanged on February 26 when it had widened upward.

The amended rationale now reads as:

“The nickel MHP payable was assessed at 79.5-80.5% on Wednesday February 26, widening upward from the previous session.”

The published price is unaffected by this change.

This price is part of the Fastmarkets base metals 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 contact Dylan Duan and Sybil Pan by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Dylan Duan/Sybil Pan, re: Nickel mixed hydroxide precipitate payable indicator, % London Metal Exchange, cif China, Japan and South Korea.”

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.

What to read next
Jeddah in Saudi Arabia and Port of Sohar in Oman are becoming tactical workarounds for base metal exports blocked by the Strait of Hormuz closure, with cargo transiting via land-bridge to other Gulf states, such as Bahrain and the United Arab Emirates – though capacity constraints and elevated logistics costs limit availability, sources with direct visibility of Gulf supply chains told Fastmarkets.
Fastmarkets is inviting feedback from the industry on the pricing methodology for its European PIX Paper indices as part of its announced annual methodology review process.
The Mexican aluminium market might be strongly affected by the closure of the Strait of Hormuz, with supply constraints and consequently higher premiums, market participants told Fastmarkets on Tuesday March 10.
This consultation, which is open until April 8, 2026, seeks to ensure that our methodologies continue to reflect the physical market, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. The price under review […]
The publication of Fastmarkets’ assessments for copper grade A cathode warrant premiums and aluminium P1020A warrant premiums was delayed on Wednesday March 11 because of a procedural lapse. Fastmarkets’ pricing database has been updated.
Chinese lead smelters turned more bearish on the procurement of raw materials in the week to Friday February 13, amid heightened price volatility in silver, which is often contained in lead ores as an important by-product and contributor to smelter profits, sources told Fastmarkets.