Final decision on open consultation on methodology for IOSCO-audited non-ferrous price assessments, indices

Fastmarkets invited feedback from the industry on the pricing methodology for its International Organization of Securities Commissions (IOSCO)-audited non-ferrous metals, via an open consultation process between October 8 and November 7, 2024. This consultation was done as part of our published annual methodology review process.

This consultation sought to ensure that our methodologies continue to reflect the physical market for our audited physical markets for alumina, aluminium, cobalt, copper, lithium, spodumene, graphite and manganese ore, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.

Full details of the prices covered by this consultation can be found here.

No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage.

To provide comment or feedback on the content of the IOSCO-audited non-ferrous methodologies, or if you would like to provide price information by becoming a data submitter to these prices or indices, please email pricing@fastmarkets.com. Please add the subject heading “FAO: James McKeigue, re: IOSCO non-ferrous methodologies.”

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
The decision follows a market consulation which took place from Tuesday June 23 and Monday July 20. No feedback was received. The assessments were first proposed in a pricing note published on June 23. The assessments, which will reflect prices of soybeans loaded from ports in the US Pacific Northwest into China, are aimed at […]
The publication of Fastmarkets’ manganese ore semi-carbonate index, 36.5% Mn, cif Tianjin; manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth; and manganese ore high grade index, cif Tianjin, was delayed on Friday July 17 due to a delay in data processing.
BHP reported lower FY27 copper guidance, sanctioned two Spence processing projects, disclosed a disruption at Carrapateena and highlighted progress on an Olympic Dam smelter expansion in its July 16 results package.
The prices were published at 16:00 London time on July 16, although the next publication should not have been until 16:00 London time on July 17. The following prices were published incorrectly and have been removed: MB-AL-0404 Aluminium scrap, clean production extrusions (6063), differential to LME, delivered consumer Europe, € per tonne MB-AL-0405 Aluminium scrap, post-consumer 95/5 […]
Fastmarkets has decided to launch a CIF Rotterdam aluminium billet premium calculated assessment.
Fastmarkets is proposing to change the frequency of its aluminium 6063 extrusion billet premium, ddp Spain assessment to weekly from the current bi-weekly frequency, effective August 21, 2026.