Delayed publication of base metals arbitrage assessments

The publication of Fastmarkets’ price assessments of the base metals arbitrage for copper, aluminium, zinc and nickel for Monday March 3 were delayed because the publication time was wrongly set. Fastmarkets’ pricing database has been updated.

The following prices were affected:
MB-CU-0361 Copper import arbitrage, $ per tonne
MB-CU-0362 Copper import arbitrage, yuan per tonne
MB-NI-0106 Nickel import arbitrage, $ per tonne
MB-NI-0107 Nickel import arbitrage, yuan per tonne
MB-ZN-0083 Zinc import arbitrage, $ per tonne
MB-ZN-0084 Zinc import arbitrage, yuan per tonne
MB-AL-0289 Aluminium import arbitrage, $ per tonne
MB-AL-0290 Aluminium import arbitrage, yuan per tonne

These prices are part of the Fastmarkets base metals package.

For more information, or to provide feedback on the delayed publication of these prices, or if you would like to provide price information by becoming a data submitter to these prices, please contact Laura Li by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Laura Li, re: base metals arbitrage.”

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 has corrected its daily AG-PLM-0012 refined bleached deodorised (RBD) palm olein, fob Indonesia price assessment, which was published incorrectly on July 7 due to an input error.
Fastmarkets has had a strong interest in the proposed new assessments and would like to gather additional information on the specification and grades that should assess.  Based on the feedback, the proposed specifications have been updated as follows:  Quality: Selected Nordic (Swedish, Finnish, Norwegian) export grades of both planed and rough sawn timber spruce (whitewood) […]
While Fastmarkets understands that the PIX sawn timber FAS Finland indices have not been widely adopted by the industry, we have received feedback that there is commercial use for the indices. Therefore, we propose to maintain them for the time being.  The following indices are affected:  The extended consultation period for this proposed discontinuation starts […]
To increase the transparency of our methodology, Fastmarkets clarifies that the quotation period of the MHP nickel payable indicator is the month of delivery, or the month M. Any data points Fastmarkets received otherwise will be normalized to the M month based on the monthly spreads of the prevailing exchange-traded Class-1 nickel reference price, or […]
Following an initial consultation with the market and a review of the typical data sets that have been collected over recent months, Fastmarkets is proposing changes to the specifications of the index for MB-IRO-0009 iron ore 65% Fe Brazil-origin fines, cfr Qingdao, by raising the silica base specification to 2.7% from 2.2%, as well as an […]
The corrections are as follows: AG-BRY-0004 Barley Feed barley FOB Argentina $/mt Incorrect prices: August $119.00 per tonne Corrected to: August $219.00 per tonne Fastmarkets’ pricing database has been updated to reflect this change. These prices are part of the Fastmarkets Ags Grains package. For more information or to provide feedback on this correction notice or […]