Become a customer

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.

February 17, 2020
By Generic people page
Pricing notice

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
Correction to shredded auto scrap weekly composite
Fastmarkets has corrected its MB-STE-0523 Steel scrap shredded auto scrap, consumer buying price, delivered mill, $/gross ton, weekly composite, which was published incorrectly since June 14.
July 26, 2024
 · 
By Fastmarkets Staff
Correction to rationale of cobalt hydroxide 30% Co min, cif China
Fastmarkets has corrected the rationale for its MB-CO-0020 cobalt hydroxide 30% Co min, cif China, $/lb price, which was published incorrectly on Friday July 26.
July 26, 2024
 · 
By Sahil Shaw
Delayed publication of manganese ore seaborne prices
The publication of Fastmarkets’ manganese ore seaborne indices for Friday July 26 was delayed due to an error. Fastmarkets’ pricing database has been updated.
July 26, 2024
 · 
By Holly Chant
Proposal to amend frequency of China steel scrap import price indices
Fastmarkets proposes to amend the pricing frequency of its MB-STE-0889 steel scrap, index, heavy recycled steel materials, cfr east China, and MB-STE-0895 steel scrap, index, heavy recycled steel materials, cfr north China to once a month from the current weekly basis.
July 25, 2024
 · 
By Tianran Zhao
Decision to launch US black mass payable indicators, amendment to specifications
Fastmarkets will launch its new suite of US black mass payable indicators on Wednesday August 7, following a one-month consultation period.
July 24, 2024
 · 
By Kirstyn Petras
Correction to rationale of cobalt hydroxide 30% Co min, cif China on Tuesday July 23
The opening line of the rationale incorrectly listed the price range as $6.60-6.80 per lb. This has been corrected to $6.40-6.60 per lb. The published price is unaffected by this change. This price is part of the Fastmarkets minor metals package. For more information or to provide feedback on this correction notice or if you […]
July 24, 2024
 · 
By Callum Perry