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
Random Lengths is inviting feedback from the industry on pricing methodologies for Random Lengths and Random Lengths International as part of its annual methodology review process.
Fastmarkets launches MB-CU-0513 copper cathode equivalent grade (EQ), cif Southeast Asia, $/tonne on Tuesday February 20.
Fastmarkets is inviting feedback from the industry on the pricing methodology for its steel billet import, cfr Manila, $/tonne, assessment, as part of its announced annual methodology review process.
Fastmarkets proposes to launch a steel billet import, CFR Indonesia price assessment.
Fastmarkets FOEX would like to thank for the feedback received during the consultation period. It was fully supportive to our current methodology. To summarize, this open consultation does not lead to material changes in the current methodology. A newly dated methodology document will be soon posted.
Fastmarkets’ 2024 outlook for key raw materials and ingredients used in the production and distribution of fast-moving consumer goods