PRICING NOTICE: Correction to manganese ore indices, rationales
Fastmarkets has corrected its weekly manganese ore 37% index, cif Tianjin, 37% index, fob Port Elizabeth, and 44% index, cif Tianjin which were published incorrectly on Friday June 12 due to reporter error.
The manganese ore 37% index, cif Tianjin has been corrected to $4.85 per dmtu after recalculation from $4.88 published last Friday.
The manganese ore 37% index, fob Port Elizabeth has been corrected to $4.24 per dmtu from $4.27 published on June 12.
The manganese ore 44% index, cif Tianjin has been corrected to $5.22 per dmtu from $5.32 published on June 12.
In addition, Fastmarkets MB has corrected the rationales for both 37% and 44% manganese ore indices, which stated the incorrect date when they were published on June 12.
Rationales for all three indices incorrectly stated that the calculation was made on June 5; they should have stated June 12.
Fastmarkets’ price book and database have been updated to reflect this correction.
For details of the manganese ore indices, please see the Fastmarkets price book.
For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data submitter to this index, please contact Jon Stibbs/Amy Lv by email at firstname.lastname@example.org. Please add the subject heading ‘FAO: Jon Stibbs/Amy Lv re: Manganese ore index.’
To see all Fastmarkets’ pricing methodology and specification documents go to https://www.fastmarkets.com/about-us/methodology.