PRICING NOTICE: Conclusion of review into changing frequency of Metal Bulletin’s Chinese APT export price assessments

After a review and consultation with the market, which ended on January 25, from Friday January 29 Metal Bulletin will price the Chinese APT export market on a weekly basis, rather than twice-weekly as it did previously.

After a review and consultation with the market, which ended on January 25, from Friday January 29 Metal Bulletin will price the Chinese APT export market on a weekly basis, rather than twice-weekly as it did previously.

From January 29, the frequency of publication will be changed to every Wednesday between 2pm and 3pm London time.

The new specification is therefore:

Description: Tungsten APT, export from mainland China
Price: $ per mtu WO3, fob China
WO3: 88.5% min
Al: 0.0005% max
As: 0.001% max
Bi: 0.0001% max
Ca: 0.001% max
Cd: 0.001% max
Co: 0.005% max
Cr: 0.001% max
Cu: 0.0005% max
Fe: 0.001% max
K: 0.001% max
Mn: 0.0005% max
Mg: 0.0005% max
Mo: 0.002% max
Na: 0.001% max
Ni: 0.0005% max
P: 0.0007% max
Pb: 0.0001% max
S: 0.0008% max
Sb: 0.0002% max
Si: 0.001% max
Sn: 0.0002% max
Ti: 0.0005% max
V: 0.001% max
Form: White finely divided free-flowing crystals
Lot size: 17 tonne min
Payment terms: Cash
Assessment: On Wednesdays by Metal Bulletin’s Singapore office, except when that office is closed for public holidays. Such times will be notified well in advance.
Publication: Weekly. Between 2pm and 3pm London time on Wednesdays

Please contact Rena Gu, the reporter responsible for the tungsten prices assessment based in Shanghai, to comment or participate in pricing at rena.gu@metalbulletinasia.com

If you have any questions about Metal Bulletin’s general pricing methodology and policy, please contact Metal Bulletin market data and compliance manager Paolo Sorze at psorze@metalbulletin.com or Metal Bulletin editor Alex Harrison at aharrison@metalbulletin.com

Ellie Wang 
ellie.wang@metalbulletinasia.com
Wechat:elliewang0712
 

What to read next
The following prices were affected: MB-STE-0007 Steel hot-rolled coil domestic monthly, exw Brazil, reais/tonne MB-STE-0005 Steel cold-rolled coil domestic monthly, exw Brazil, reais/tonne MB-STE-0006 Steel hot-dipped galvanized coil domestic monthly, exw Brazil, reais/tonne MB-STE-0008 Steel reinforcing bar (rebar) domestic monthly, delivered Brazil, reais/tonne These prices are a part of the Fastmarkets steel package. For more information or to provide […]
Fastmarkets proposes to discontinue the following duplicate prices, which were previously assessed on a US timestamp and also assessed in Asia, to better reflect observed market liquidity and based on previously received market feedback. Fastmarkets assessed these markets in both the US and Asia following the acquisition and merger of The Jacobson and Palm Oil […]
Fastmarkets has proposed several changes to the methodologies for its suite of global palm and lauric oil methodologies to give more insight into how these prices are assessed. It is also clarifying the timing and monthly rolls of several assessments. Fastmarkets has observed growth and market interest in these prices and wishes to give more […]
Fastmarkets proposes to amend the pricing frequency of its copper grade A cathode premium, delivered Germany; copper grade A cathode premium, cif Leghorn; and copper EQ cathode premium, cif Europe to one a week from the current fortnightly basis, effective December 30.
The following prices were affected: MB-STE-0916 Green steel domestic, differential to US HRC, fob mill, $/short ton MB-STE-0917 Green steel base price, hot-rolled coil fob US mill, weekly inferred, $/short ton These prices are a part of the Fastmarkets steel package. For more information or to provide feedback on the delayed publication of this price or if […]
Fastmarkets will launch a new weekly price assessment for tungsten concentrate, basis 50-70% WO3, spot price, $/mtu WO3 on Friday December 19, with a slight amendment to the originally proposed incoterms. Based on feedback from market participants, Fastmarkets will now launch a price assessed on a CIF global basis, rather than on a CIF Rotterdam […]