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Fastmarkets launches two, twice-weekly, price assessments to reflect the spot price of antimony metal sold on a CIF Rotterdam/Antwerp basis on Wednesday March 4.
After a consultation, Fastmarkets has launched a twice-weekly price assessment for antimony metal trioxide grade, CIF Rotterdam/Antwerp, and a corresponding twice-weekly price assessment for antimony metal MMTA standard grade II, CIF Rotterdam/Antwerp.
During the consultation, market participants said that introducing transparent spot assessments would benefit the market by enhancing price transparency on a CIF basis, particularly amid current volatility. They said additional reference points would support traders, brokers and end-users in making more informed decisions.
The specifications of the new assessments are as follows:
MB-SB-0012: Antimony metal trioxide grade, cif Rotterdam/Antwerp, $ per tonneQuality: Ingot. Sb 99.65% min, Bi 100ppm max, Se 50ppm max, Cu 200ppm max, Fe 200ppm max, Pb 0.2% maxQuantity: Min 25 tonnes (+/-2%)Location: CIF Rotterdam/AntwerpTiming: Within 90 daysUnit: USD per tonnePublication: Twice weekly. Wednesday and Friday, 2-3pm London timeNotes: Original producer packaging, on pallets or in wooden cases.
MB-SB-0013: Antimony metal MMTA standard grade II, cif Rotterdam/Antwerp, $ per tonneQuality: Ingot. Sb 99.65% min, As 0.15% max, Se 50ppm maxQuantity: Min 25 tonnes (+/-2%)Location: CIF Rotterdam/AntwerpTiming: Within 90 daysUnit: USD per tonnePublication: Twice weekly. Wednesday and Friday, 2-3pm London timeNotes: Original producer packaging, on pallets or in wooden cases.
These prices form part of the Fastmarkets minor metals package.
To provide feedback on these prices, or if you would like to provide price information by becoming a data submitter to these prices, please contact pricing@fastmarkets.com and TEMLondon@fastmarkets.com. Please add the subject heading “re: antimony metal cif Rotterdam/Antwerp assessments.”
To see all Fastmarkets’ pricing methodology and specification documents, go to the Fastmarkets methodology page.