PRICING NOTICE: Decision to discontinue Japan copper premium

Fastmarkets has decided to discontinue its copper cathode premium, cif Japan from the start of January.

The results of a month-long consultation, market analysis and engagement showed support for the move, with Japan a major producer but a negligible importer of LME registered copper cathode brands.

The price to be discontinued is:
MB-CU-0385 – copper grade A cathode premium, cif Japan, $ per tonne, which is priced once a month.

The premium will be assessed for the final time on Tuesday December 29, after which it will be discontinued.

For more information or to become a data submitter to Fastmarkets’ copper premiums, please contact Archie Hunter by email at: pricing@fastmarkets.com. Please add the subject heading ‘FAO: Archie Hunter, re: Japan copper premiums.’

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

What to read next
This strategic launch is designed to better delineate the relationship between these two competing steelmaking materials. The differentials offer the market a single reference price denoting the spread between Turkey import billet and No1 and No2 heavy melting scrap (80:20) and between Turkey import billet and shredded scrap exported from the US East Coast respectively. […]
The publication of Fastmarkets’ assessments for nickel 4x4 cathode, nickel briquette and nickel uncut cathode premiums in-whs Rotterdam was delayed on Tuesday July 16 because of a reporter error.
Fastmarkets has corrected its alumina index inferred prices, which were published incorrectly on Tuesday July 15.
The United States' copper recycling industry is ramping up pressure on policymakers to impose some form of export controls on high-purity copper scrap, arguing that current trade dynamics – particularly with China – are distorting prices, weakening domestic capacity and undermining national security goals.
After an initial one-and-a-half-month consultation, followed by a further three-month consultation period on the proposed inclusion of a powder brand, and following market feedback and data analysis, Fastmarkets has determined that current market circumstances do not make the proposed amendment to the cobalt standard grade, in-whs Rotterdam, daily price assessment viable. This decision is not a judgement on the […]
Fastmarkets launched two new price assessments for Indonesia’s domestic trade in nickel ore on Tuesday July 15. The two price assessments are for domestic trades of Indonesian laterite ores with 1.6% and 1.2% nickel content. Indonesia now accounts for 60% of the global nickel supplies and while there is an official government reference price, known […]