PRICING NOTICE: Friday Jan 31 China-focused base metals content and pricing

Due to the enforced extension of China's Lunar New Year holidays, Fastmarkets will not be publishing a portion of its usual base metal futures coverage and will roll some prices accordingly.

Due to the closure of Shanghai Futures Exchange trading, the following arbitrage calculations will not be published.

  • Copper import arbitrage, $/tonne
  • Copper import arbitrage, yuan/tonne
  • Zinc import arbitrage, $/tonne
  • Zinc import arbitrage, yuan/tonne
  • Nickel import arbitrage, $/tonne
  • Nickel import arbitrage, yuan/tonne
  • Aluminium import arbitrage, $/tonne
  • Aluminium import arbitrage, yuan/tonne

Furthermore, the Asia Live Futures Report and Shanghai Futures Exchange stock movement coverage that would usually be published on Friday will not be covered due to the exchange being closed.

All other base metal premiums or treatment charges will have a published price as per our publication schedule which aligns to England and Wales working days.

If you have any queries, please get in touch via pricing@fastmarkets.com with the subject line FAO Archie Hunter Re: Friday 31 China-focused base metals content and pricing.

What to read next
The publication of Fastmarkets’ MB-CO-0004 cobalt alloy grade, in-whs Rotterdam and MB-CO-0005 cobalt standard grade, in-whs Rotterdam assessments for Friday July 12 were delayed because of a technical error. Fastmarkets’ pricing database has been updated.
Feedback was received during the consultation period of an immaterial nature that would not impact the result of price assessments. Therefore, while no material changes will be made to the methodologies at this stage, clarification indicating that the Effective List price treats changes in annually established discounts during the year as changes in the price. […]
Fastmarkets is inviting feedback from the industry on the pricing methodology for European Packaging Paper and Board as part of its announced annual methodology review process. This consultation, which is open until August 31, 2024 seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization […]
In the methodology price specifications, the shorter names PIX Testliner GCC and PIX Fluting GCC will be used instead of PIX Containerboard Testliner Delivered GCC USD/tonne and PIX Containerboard Fluting Delivered GCC USD/tonne. No other changes have been made to the index methodology. For comments and queries, please email hello.foex@fastmarkets.com, indicating “PIX Packaging GCC” in […]
The US government will impose tariffs on steel and aluminium shipped from Mexico that were made elsewhere, in a bid to curb trans-shipment and excess production, the White House said in a statement on Wednesday July 10, a move widely applauded by the pair of metals industries
Norway-based aluminium producer Hydro and German car manufacturer Porsche signed a long-term agreement on Tuesday July 9 for supply of low-carbon aluminium to further decarbonize the supply chain of Porsche’s sports cars. The agreement follows the letter of intent signed in April