Correction to REDD+ Sub-Saharan Africa, REDD+ v20 differential, Southeast Asia on January 8

Fastmarkets has corrected its CB-CC-0005 REDD+ Sub-Saharan Africa, $/tCO2e, CB-CC-0006 REDD+ v19 differential, Sub-Saharan Africa $/tCO2e, CB-CC-0007 REDD+ v20 differential, Sub-Saharan Africa $/tCO2e and CB-CC-0011 REDD+ v20 differential Southeast Asia $/tCO2e which were published incorrectly on Wednesday January 8.

The CB-CC-0005 REDD+ Sub-Saharan Africa, $/tCO2e was published in error as $0.70/tCO2e and has now been corrected to $0.90/tCO2e.

The CB-CC-0006 REDD+ v19 differential, Sub-Saharan Africa $/tCO2e was published in error as $0.70/tCO2e and has now been corrected to -$0.30/tCO2e.

The CB-CC-0007 REDD+ v20 differential, Sub-Saharan Africa $/tCO2e was published in error as $0.75/tCO2e and has now been corrected to -$0.20/tCO2e.

The CB-CC-0011 REDD+ v20 differential, Southeast Asia $/tCO2e was published in error as $0.70/tCO2e and has now been corrected to -$0.17/tCO2e.

The pricing rationale for CB-CC-0005 REDD+ Sub-Saharan Africa was corrected to:
“Assessed at $0.90/tCO2e on lower offers reported by market participants.”

Fastmarkets’ pricing database has been updated to reflect this change.

These assessments are part of the Fastmarkets Carbon 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 these assessments, please contact Sam Carew by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Sam Carew, re: REDD+.”

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
Fastmarkets wishes to clarify how conditional bids and offers are used in its CFR China iron ore price assessments.
Fastmarkets wishes to clarify that its iron ore fines pricing suite is priced in dry metric tonnes.
Due to an input error, the market price for EN-BD-0032 renewable diesel, del Los Angeles, $/gal was priced well above the actual market price on December 26. Fastmarkets’ pricing database has been updated to reflect this change. Incorrect daily price for December 26: 1.9026-20076 $/galCorrect daily price for December 26: 1.9026-2.0076 $/gal This price is part of […]
Fastmarkets has amended the specifications for its CFR Europe flat steel import price assessments to better reflect the most typical sizes of spot market transactions. Following the consultation, which ended on Wednesday December 24, Fastmarkets amended the specifications for its CFR Europe flat steel import price assessments on Wednesday December 31. Based on feedback from market […]
After a consultation period, Fastmarkets has amended the pricing frequency of four European copper cathode premiums – grade A delivered Germany; grade A, CIF Leghorn; grade A, CIF Rotterdam; and the copper EQ cathode premium, CIF Europe. Following the consultation, which ended on Tuesday December 30, Fastmarkets has amended the frequency from fortnightly to weekly, on […]
Fastmarkets has corrected its AG-SYB-0078 Crush Margin China Soy (Brazil) M1 Yuan/mt and AG-SYB-0079 Crush Margin China Soy (US Gulf) M1 Yuan/mt, which had all forward curve months published incorrectly in February, and between April and September.