Fastmarkets proposes to launch US bismuth, indium price assessments: pricing notice

Fastmarkets proposes to launch fortnightly bismuth and indium prices on a DDP US basis on Friday May 1.

Market participants have expressed support for localized US pricing in response to Section 301 tariffs, export controls and increased US government funding to support domestic and allied supply chains. These assessments would complement Fastmarkets’ existing benchmarks in Europe and China and reflect the growing regionalization of the critical minerals markets.

The proposed specifications are as follows:

Bismuth 99.99% Bi min, ddp US, $/lb
Quantity: Min 1 tonne
Incoterm: DDP
Location: United States
Specification: Ingot. Bi 99.99%, no other elements specified.
Unit & currency: USD/lb, normalized to cash-equivalent payment terms.
Delivery period: Prompt release, within 10 calendar days
Data window: Friday 10am every fortnight to the next fortnight Friday 10am, New York time.
Frequency: Fortnightly. Fridays 10-11am New York time. Follows non-ferrous metals price reporting holiday schedule

Indium 99.99% In min, ddp US, $/kg
Quantity: Min 100 kg
Incoterm: DDP
Location: United States
Specification: Ingot, usually between 0.5 kg and 3.5 kg; but also 10 kg. 99.99% indium, no other elements specified.
Unit & currency: USD/kg, normalized to cash-equivalent payment terms.
Delivery period: Prompt release, within 10 calendar days
Data window: Friday 10am every fortnight to the next fortnight Friday 10am, New York time.
Frequency: Fortnightly. Fridays 10-11am New York time. Follows non-ferrous metals price reporting holiday schedule

Please send any questions or comments by April 24 to pricing@fastmarkets.com and minormetals@fastmarkets.com. 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 the Fastmarkets methodology page.