Fastmarkets to launch US bismuth and indium prices

Market sources 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 critical minerals markets.

Feedback received during the consultation period was positive. 

The specifics of the new assessments are as follows:

MB-BI-0004 Bismuth 99.99%, 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

MB-IN-0005 Indium 99.99%, ddp US, $/kg
Quantity: Min 100 kg
Incoterm: DDP
Location: United States
Specification: Ingots, usually between 0.5kg and 3.5kg; also 10kg ingots. In 99.99%, 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 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.