PRICING NOTICE: Amendment of Fastmarkets’ LME warrant premiums coverage

Fastmarkets has amended its weekly London Metal Exchange warrant premiums coverage across the entire base metals asset class.

Following a one-month consultation period, Fastmarkets will change the publication date for LME warrant premiums to Wednesdays 3-4pm London time from Tuesdays 3-4pm, effective from March 12, while the frequency of the coverage will remain unchanged on a weekly basis.

In addition, Fastmarkets will publish a new LME warrant premiums table separate from the main weekly physical premiums table, which will only include off-warrant premiums.

The amendment will reflect the different usage of these warrant premiums, which are principally referred to for inventory valuation and swap trading purposes.

LME warrants are bearer documents of title, of a specified brand, of a specified lot of metal in a specified location and warehouse registered on the LME. Fastmarkets assesses premiums for 21 warrant locations globally and six base metals (copper, aluminium, nickel, zinc, lead and tin).

All historic data relating to LME warrant premiums prior to the amendment will remain available in the pricing section of the Fastmarkets website.

To provide feedback on LME warrant premiums or if you would like to provide price information by becoming a data submitter to the premiums, please contact Hassan Butt by email at: Please add the subject heading FAO: Hassan Butt, re: LME warrant premiums.

To see all Fastmarkets’ pricing methodology and specification documents go to

What to read next
Fastmarkets proposes to amend the name of the MB-AL-0231 Aluminium P1020A all-in price, delivered Midwest US, US cents/lb to clarify that the price is based on the London Metal Exchange cash aluminium price.
The publication of Fastmarkets’ Vietnamese steel scrap import assessments for Friday June 14 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
In the open consultation, Fastmarkets FOEX did not propose any changes, and there was no feedback received during the process. No material changes were made to the current methodology. A newly dated methodology document has been posted here.
The publication of Fastmarkets’ aluminium scrap and secondary aluminium ingot price assessments for Wednesday June 12 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
The publication of Fastmarkets’ MB-IRO-0186 iron ore DR grade pellet premium indicator for Wednesday June 12 was delayed due to an error in the review process.
Fastmarkets proposes to discontinue its weekly price assessments for AG-UCO-0013 UCO, Chinese flexi-tank, CFR Antwerp, Rotterdam, Amsterdam, and AG-UCO-0012 UCO, Chinese bulk, CIF Antwerp, Rotterdam, Amsterdam.