PRICING NOTICE: Change of base metals pricing schedule and timing

Metal Bulletin will amend the publication time of its global base metals premiums to 3pm-4pm London time from January 17, from 2pm-3pm previously.

January 10, 2017

The change follows last year’s acquisition of FastMarkets and the process that followed, which included the rationalisation of specifications and integration of methodologies. From January 17, premiums provided to both Metal Bulletin and FastMarkets subscribers will be produced by one integrated Metal Bulletin editorial team, following three months of parallel pricing.

The change applies to all base metals premiums including the daily Rotterdam aluminium duty-unpaid premium and twice-weekly duty-paid assessments, which are used in CME’s premium futures contracts.

The new timing will enable Metal Bulletin to concentrate its premium pricing on one day and publish the bulk of its weekly base metals premium assessments on Tuesdays, rather than spreading them throughout the week.

The assessments for base metal offgrade, scrap, concentrate, secondary alloy and refined products such as billet and foundry alloy, will remain on their existing pricing schedule and not move to Tuesdays.