Decision to discontinue MHP outright price assessments

Fastmarkets discontinued its mixed hydroxide precipitate (MHP) outright price assessments on Wednesday July 23.

After a consultation period from June 20 to July 18, Fastmarkets made the decision to discontinue these assessments because the outright prices no longer reflect market conditions, with the market shifting toward payables as the dominant pricing method.

The affected prices are:
MB-NIO-0003 nickel mixed hydroxide precipitate outright price, cif China, Japan and South Korea, $ per tonne
MB-NIO-0005 nickel mixed hydroxide precipitate, outright price, fob Indonesia, $ per tonne
MB-CO-0025 cobalt mixed hydroxide precipitate, outright price, cif China, Japan and South Korea, $ per tonne.

Short-term forecasts associated with these prices produced by the Fastmarkets research team, if any, have also been discontinued.

To provide feedback on the discontinuation of these MHP outright prices, or if you would like to provide price information by becoming a data submitter to the MHP payables, please contact Dylan Duan and Sybil Pan by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Dylan Duan and Sybil Pan, re: MHP outright prices.”

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.

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