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The three premiums, calculated on a $/lb basis, are as follows:
The prices will be discontinued from the week commencing Monday March 2.
Publication of these prices continues, on a US cents/lb basis, under the following price symbols:
The decision to remove the calculation of a $ per lb price reflects industry practice where $ per tonne and US cents per lb are the standard price references.
All historical data relating to these prices prior to their suspension will remain available in the pricing section of the Fastmarkets MB website.
If you are affected by this price discontinuation contact pricing@fastmarkets.com by February 28. Please add the subject heading ‘FAO: Juliet Walsh Re: $/lb price discontinuation’.
To see all Fastmarkets’ pricing methodology and specification documents, please go to www.fastmarkets.com/about-us/methodology.