Become a customer

PRICING NOTICE: Change to Fastmarkets MB’s midpoints and averages

Fastmarkets MB will from next month display in the Price Book calculated price midpoints and averages that are rounded to two decimal places.

November 14, 2019
By Generic people page
Pricing notice

This will ensure consistency of published values across all of Fastmarkets MB’s delivery channels.

Where Fastmarkets MB publishes prices as a low-high range, users have the option to view the calculated midpoint of that range. From Monday December 9, Fastmarkets will implement rounding to two decimal places on these midpoint values. This change will also be applied to the historical data series.

Rounding to two decimal places will also be applied to weekly, monthly, quarterly and yearly average values displayed in the Price Book from December 9.

To provide feedback on these changes please contact Barbara O’Donovan at pricing@fastmarkets.com. Please add the subject heading ‘FAO: Barbara O’Donovan re: rounding.’

To see all Fastmarkets’ pricing methodology and specification documents, please go to www.fastmarkets.com/about-us/methodology.

What to read next
Proposal to amend Fastmarkets’ iron ore 65% Fe Brazil-origin fines index specifications
Following an initial consultation with the market and a review of the typical data sets that have been collected over recent months, Fastmarkets is proposing changes to the specifications of the index for MB-IRO-0009 iron ore 65% Fe Brazil-origin fines, cfr Qingdao, by raising the silica base specification to 2.7% from 2.2%, as well as an […]
July 4, 2025
 · 
By Norman Fong
Correction to barley feed barley FOB Argentina on July 2
The corrections are as follows: AG-BRY-0004 Barley Feed barley FOB Argentina $/mt Incorrect prices: August $119.00 per tonne Corrected to: August $219.00 per tonne Fastmarkets’ pricing database has been updated to reflect this change. These prices are part of the Fastmarkets Ags Grains package. For more information or to provide feedback on this correction notice or […]
July 3, 2025
 · 
By Mark Shenk
Publication of Fastmarkets’ steel scrap No1 busheling, delivered mill Chicago assessment on Thursday July 3
This price is a part of the Fastmarkets scrap package. For more information on our North America Ferrous Scrap methodology and specifications please click here. To get in touch about access to this price assessment, please contact customer.success@fastmarkets.com.
July 3, 2025
 · 
By Amy Hinton
Final decision on open consultation on methodology review for soybean CFR China (US Gulf)
This consultation was done as an adhoc methodology review process, aiming to better reflect the physical market under indexation, considering its reduced liquidity linked to the combination of seasonal demand patterns and the implementation of cross-border import tariffs between the US and China. No feedback was received during the consultation period and therefore Fastmarkets will […]
July 3, 2025
 · 
By Eduardo Tinti
Final decision on open consultation on methodology review for Global Pulp
Full details of the prices covered by this consultation can be found here: https://www.fastmarkets.com/insights/open-consultation-on-annual-methodology-review-for-global-pulp-pricing-notice/ During the consultation, Fastmarkets requested comments on whether current discount levels for US market pulp have grown too high and invited open-ended feedback on potential remedies moving forward. Feedback from the industry was mixed. Potential remedies suggested by the industry included […]
July 2, 2025
 · 
By Bryan Smith
Correction to rationale of cobalt hydroxide payable indicator
Fastmarkets has corrected the rationale for its MB-CO-0021 cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets’ standard-grade cobalt price (low-end), which was published incorrectly on Wednesday July 2 due to a reporter error.
July 2, 2025
 · 
By Jon Stibbs