PRICING NOTICE: Discontinuation of Indian zinc premiums

After a month-long consultation period, Fastmarkets has discontinued its two zinc ingot premiums for the Indian market.

Spot trading interest has been minimal for imported zinc due to the persistently soft rupee against the dollar and local production is said to be sufficient to meet domestic demand in India.

Market participants cited a little interest in the following two bi-weekly premiums during the consultation period, which ended on February 11. 

The prices will be discontinued from the week commencing Monday February 17.

All historical data relating to this price prior to its suspension will remain available in the pricing section of the Fastmarkets MB website.

If you are affected by this price discontinuation, please contact pricing@fastmarkets.com. Please add the subject heading ‘FAO: Archie Hunter / Julian Luk Re: Discontinuation of India zinc premiums’.

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

What to read next
Fastmarkets proposes to amend the specifications of five of its steel products assessments and billet index originating from the Black Sea basin.
Fastmarkets launched a suite of CIF India aluminium scrap prices on Wednesday April 17.
Fastmarkets is inviting feedback from the industry on the methodology for its audited non-ferrous price assessments, as part of its announced annual methodology review process.
This consultation, which is open until May 16, 2024, seeks to ensure that our methodologies continue to reflect the physical graphic paper 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. Fastmarkets FOEX […]
Fastmarkets launches MB-STE-0914 steel coil 55% Al-Zn coated steel import, South Korean-made, ddp Gulf Ports, and MB-STE-0915 steel coil 55% Al-Zn coated steel import, non-South Korean-made, ddp Gulf Ports on Tuesday April 16.
Fastmarkets will amend the frequency of its aluminium low-carbon differential P1020A, US Midwest and its aluminium low-carbon differential value-added product, US Midwest as of the assessment on Friday May 3.