Delayed publication of China copper scrap discounts

Fastmarkets published its assessments of No1 and No2 copper material discounts later than scheduled due to a reporter error.

The two markets were scheduled to be published on Monday, but were delayed to Tuesday due to a reporter error.

Fastmarkets’ pricing database has since been updated.

The affected markets are:

MB-CU-0512 No1 copper material, RCu-2A,1B (candy/berry), cif China, LME/Comex discount, US cents per lb
MB-CU-0360 No2 copper material, RCu-2B (birch/cliff), cif China, LME/Comex discount, US cents per lb
For more information, to provide feedback on the delayed publication, or if you would like to provide price information by becoming a data submitter to this index, please contact Julian Luk/Sally Zhang by email at: pricing@fastmarkets.com. Please add the subject heading ‘FAO: Julian Luk/Sally Zhang Re: Fastmarkets’ China copper scrap discounts’.

To see all of Fastmarkets’ pricing methodology and specification documents, please go to: https://www.fastmarkets.com/about-us/methodology.

What to read next
Following an extended period for feedback regarding Random Lengths and Random Lengths International prices and methodologies, Random Lengths has decided to move forward with a pair of alterations to the lumber and panel reports.
Fastmarkets FOEX would like to thank those who took the time to respond to the consultation. Fastmarkets FOEX did not propose any changes to the methodology. The feedback was fully supportive of the current methodology. To summarize, this open consultation does not lead to material changes in the current methodology. A newly dated methodology document […]
Fastmarkets launched a new price assessment for MB-GER-0006 germanium dioxide, in-whs China, on Friday May 10.
Anglo American's rejection of takeover bids by BHP has put copper firmly under the spotlight, but what challenges lie ahead for the red metal as the corporate tussle continues?
The publication of Fastmarkets’ lithium carbonate 99.5% Li2CO3 min, battery grade, spot price cif China, Japan & Korea and lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, spot price cif China, Japan & Korea assessments for Thursday May 16 were delayed because of incorrect methodology application.
Copper fabricators in China and the wider Southeast Asian region continue to feel the pain of high copper prices on futures exchanges and a lack of new orderbooks, with some having already asked for a postponing of shipments of long-term copper cathodes, sources told Fastmarkets in the week to Wednesday May 15