Become a customer

Open consultation on aluminium billet and P1020A assessments submitted for IOSCO audit

Fastmarkets is inviting feedback from the industry on the pricing methodology for its European 6063 aluminium billet and aluminium P1020A premiums, as part of a methodology review process to meet International Organization of Securities Commissions (Iosco) principles.

April 6, 2022
Aluminium Pricing notice

This consultation, which is open until April 18, seeks to ensure that our methodologies reflect the physical market, in compliance with the Iosco principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.

Fastmarkets is putting the MB-AL-0302 aluminium 6063 extrusion billet premium, ddp North Germany (Ruhr region) and MB-AL-0300 aluminium 6063 extrusion billet premium, ddp Italy (Brescia region) through the Iosco audit process.

The new methodology can be found here.

Fastmarkets is also putting the MB-AL-0316 aluminium P1020A premium, fca dp Italy premium through Iosco audit. Fastmarkets has therefore updated the aluminium P1020A premiums methodology to include the Italy premium.

This methodology already includes:

  • MB-AL-0346 – Aluminium P1020A premium, in whs dup Rotterdam
  • MB-AL-0004 – Aluminium P1020A premium, in whs dp Rotterdam
  • MB-AL-0343 – Aluminium P1020A (MJP) spot premium, cif Japan
  • MB-AL-0020 – Aluminium P1020A premium, ddp Midwest US

The updated P1020A methodology can be found here.

What to read next
Final decision on open consultation on methodology for global soybean prices
Fastmarkets invited feedback from the industry on the pricing methodology for its global soybean prices, via an open consultation process between April 15 and May 10, 2025. This consultation was done as part of our annual methodology review process.
May 19, 2025
 · 
By Eduardo Tinti
Delayed publication of Turkish domestic steel scrap price assessments
Due to the Commemoration of Atatürk, Youth and Sports Day on Monday May 19, these prices will be published instead on May 20, in accordance with Fastmarkets’ policy. This change was not initially noted on Fastmarkets’ 2025 pricing schedule. The pricing schedule has now been updated. The affected prices are:MB-STE-0093 steel scrap, auto bundle scrap, […]
May 19, 2025
 · 
By Ross Yeo
American Flag, Flag
US policies see trade war de-escalate
The US trade roller coaster ride seems to be flattening, with signs of potential moderation and stability. It appears increasingly likely that our original expectation that the US Trump administration would primarily use the threat of tariffs as a negotiating strategy will be correct. While we do not expect to the US tariff position return to pre-2025 levels, we believe the overall US tariff burden is more likely to settle at around 10-30% globally rather than the elevated rates of 50-100% that seemed possible in recent weeks.
May 16, 2025
 · 
By Amy Bennett
Proposal to launch Nordic sawn timber export prices for Europe; discontinue PIX Sawn Timber Finland export indices: pricing notice
Fastmarkets proposes to launch Nordic sawn timber export prices for selected European markets and grades, while discontinuing the PIX Sawn Timber FAS Finland indices. The PIX sawn timber FAS Finland indices have not been widely adopted by the industry and the new price assessments will offer more end-market-specific data for major European markets and will […]
May 16, 2025
 · 
By Tuomo Neuvonen
Clarification of global lithium methodology
To increase transparency, Fastmarkets has further clarified how it handles price movements during periods of low liquidity. Factors that Fastmarkets may consider during times of low liquidity include, but are not limited to: market fundamentals such as changes in inventory levels, shipments, operating rates and export volumes; relative fundamentals of similar commodities in the same […]
May 15, 2025
 · 
By Grace Asenov
Final decision on open consultation on annual methodology review for PIX Packaging GCC (Middle East) Indices
Fastmarkets invited feedback from the industry on the pricing methodology for PIX Packaging GCC indices via an open consultation process between April 16 and May 14, 2025. This consultation was done as part of our published annual methodology review process. Full details of the prices covered by this consultation can be found here. No feedback […]
May 15, 2025
 · 
By Fastmarkets FOEX