PRICING NOTICE: Conclusion of review into changing the frequency of Chinese ferro-silicon export fob price assessments

After a review and consultation with the market, which ended on February 3, from February 5, Metal Bulletin will price its Chinese ferro-silicon fob price (export from mainland China) on a fortnightly basis, rather than weekly as it did previously.

After a review and consultation with the market, which ended on February 3, from February 5, Metal Bulletin will price its Chinese ferro-silicon fob price (export from mainland China) on a fortnightly basis, rather than weekly as it did previously.

From February 5, the price will be published once every two weeks, on Fridays.

The full specification for the price assessment will be as follows:

Description: Ferro-silicon, min 75%, export from mainland China, fob
Price: $ per tonne, export from mainland China, fob, price for all Si grades normalised to 75% on a pro rata basis
Si: 75-80%
Mn: 0.4% max
Al: 2.0% max
Cr: 0.3% max
P: 0.035% max
S: 0.02% max
C: 0.1% max
Form: Lumps
Lot size: 100T minimum
Payment terms: cash, other payment terms normalised
Assessment: On alternate Fridays by Metal Bulletin’s Shanghai office, except when that office is closed for public holidays. Such times will be notified well in advance.
Publication: Between 2pm and 3pm London time on alternate Fridays.

If you have any comments about this price or wish to participate in pricing, please contact Ellie Wang at ellie.wang@metalbulletinasia.com.

If you have any questions about Metal Bulletin’s general pricing methodology and policy, please contact 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
Fastmarkets has had a strong interest in the proposed new assessments and would like to gather additional information on the specification and grades that should assess.  Based on the feedback, the proposed specifications have been updated as follows:  Quality: Selected Nordic (Swedish, Finnish, Norwegian) export grades of both planed and rough sawn timber spruce (whitewood) […]
While Fastmarkets understands that the PIX sawn timber FAS Finland indices have not been widely adopted by the industry, we have received feedback that there is commercial use for the indices. Therefore, we propose to maintain them for the time being.  The following indices are affected:  The extended consultation period for this proposed discontinuation starts […]
To increase the transparency of our methodology, Fastmarkets clarifies that the quotation period of the MHP nickel payable indicator is the month of delivery, or the month M. Any data points Fastmarkets received otherwise will be normalized to the M month based on the monthly spreads of the prevailing exchange-traded Class-1 nickel reference price, or […]
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 […]
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 […]
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.