PRICING NOTICE: Discontinuation of five precious metals prices

Fastmarkets has decided to discontinue five precious metals price assessments from October 1, 2020, due to the limited liquidity of the markets in question and to focus on its core markets.

The discontinuation follows a month-long consultation that started on July 7, 2020.

The prices to be discontinued are as follows:

  • Platinum min 99.9% Europe Free Market $ per troy oz in warehouse
  • Palladium min 99.9% Europe Free Market $ per troy oz in warehouse
  • Rhodium min 99.9% Europe Free Market $ per troy oz in warehouse
  • Iridium ingot min 99.9% Europe Free Market $ per troy oz in warehouse
  • Ruthenium min 99.9% Europe Free Market $ per troy oz in warehouse

These changes will come into effect on October 1.

All historical data relating to these prices prior to their discontinuation will remain available in the pricing section of the Fastmarkets MB website.

If you are affected by this price discontinuation, please contact Cristina Belda by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Cristina Belda, re: precious metals.”

What to read next
Fastmarkets is inviting feedback from the industry on the pricing methodology for its European PIX Paper indices as part of its announced annual methodology review process.
This consultation, which is open until April 8, 2026, seeks to ensure that our methodologies continue to reflect the physical market, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. The price under review […]
The publication of Fastmarkets’ assessments for copper grade A cathode warrant premiums and aluminium P1020A warrant premiums was delayed on Wednesday March 11 because of a procedural lapse. Fastmarkets’ pricing database has been updated.
This decision was proposed in a methodology note published on February 9, which you can view here. This decision follows preliminary discussions with the market as well as internal meetings to review relevant Fastmarkets data, which suggested that there was low spot liquidity and price volatility. No negative feedback was received during the consultation period. The […]
This consultation was done as part of our published annual methodology review process. No feedback was received about a methodology change during the consultation period and therefore no changes will be made to the methodologies at this stage. This consultation sought to ensure that our methodologies continue to reflect the physical CFR Manila steel billet market, in […]
The prices that will be affected are AG-SAF-0006 sustainable aviation fuel (SAF max), base cost, exw Netherlands (incl. HBE-IXB credits), $ per tonne, and AG-SAF-0007 sustainable aviation fuel (HVO max), base cost, exw Netherlands (incl. HBE-IXB credits), $ per tonne. Following the update by the Netherlands to its current biofuel mandate ahead of its full implementation of […]