PRICING NOTICE: Amendments to Metal Bulletin’s cobalt price specifications

In light of feedback received as part of the consultation on its international cobalt price specifications, Metal Bulletin will change the names of its benchmark in-warehouse Rotterdam assessments from January 2019.

From January 2019, the name ‘standard-grade’ will replace the name ‘low-grade’. The name ‘alloy-grade’ will replace the name ‘high-grade’.

The last date prices will be published under the names ‘low-grade’ and ‘high grade’ will be Friday December 28.

Prices will be published under their new names from January 2, 2019.

All historical data relating to the two price assessments prior to the amendment will remain available in the pricing section of the Metal Bulletin website.

Those active in the cobalt market have until Friday June 8 to notify Metal Bulletin of any comments on the changes outlined above, including requirements to facilitate a smooth transition in names.

Metal Bulletin will provide confirmation of the changes outlined above, including an updated standalone methodology document, by June 13, 2018.

Additional details on the feedback received as part of Metal Bulletin’s cobalt price consultation will follow in the coming days.

To provide feedback on Metal Bulletin’s cobalt price assessments or if you would like to provide price information by becoming a data submitter to the cobalt price assessments, please contact Charlotte Radford by email at: pricing@metalbulletin.com. Please add the subject heading ‘FAO: Charlotte Radford, re: cobalt’.

What to read next
This consultation, which is open until May 23, 2024, seeks to ensure that our methodologies continue to reflect the physical market under indexation, 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. Fastmarkets FOEX […]
Fastmarkets will discontinue its lithium contract price assessments, effective October 2024.
After a consultation period that began on February 19, 2024, and ended on March 21 2024, Fastmarkets has discontinued Region 4 log prices. The last assessment published March 2024.  To provide feedback on this or if you would like to provide price information by becoming a data submitter to Log Lines, please contact William Perritt […]
Fastmarkets proposes to amend the chemical specifications and names of its CIF, FOB and FOT 37% manganese ore indices.
The publication of Fastmarkets’ lithium, iron ore and Chinese ferrous prices for Monday April 22 were delayed because of technical issues.
Fastmarkets has corrected the pricing rationale for MB-AL-0302 aluminium 6063 extrusion billet premium, ddp North Germany (Ruhr region), $/tonne, which was published incorrectly on Friday April 19. No prices were corrected.