Decision to amend specifications of US silicon premium

Fastmarkets has clarified and amended some of the specifications for its MB-SI-0003 silicon, ddp US, price assessment including the quantity, location and payment terms.The pricing consultation ended on Wednesday August 20 and the changes are effective from first subsequent pricing session on Thursday August 21.

After the month-long consultation period, Fastmarkets is amending the below specifications, following no negative feedback from market participants. 

The new specifications are as follows, with amendments in italics:

MB-SI-0003 silicon, ddp US, US cents per lb
Quality: Si: 98.50%, Fe: 0.50%, Al: 0.50%, Ca: 0.30%
Quantity: Min 20 tonnes
Location: ddp US
Unit: US cents per lb
Payment terms: 30 days, other terms normalized
Publication: Weekly, Thursday 4-5pm New York time.

This price is part of the Fastmarkets minor metals package.

To provide feedback on the proposal, or if you would like to provide price information by becoming a data submitter to this price, please email pricing@fastmarkets.com. Please add the subject heading “FAO: Rae Boyadjis, re: US silicon.”

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/about-us/methodology.