PRICING NOTICE: Launch of 94% C graphite flake price assessment

Fastmarkets today launches a 94% C graphite flake assessment to improve its coverage of the graphite market:

The price specification of the new price is as follows:

Assessment: Graphite flake 94% C, -100 Mesh, fob Qingdao, China
Quality: 94% C, -100 Mesh
Quantity: 20 tonnes
Location: FOB China
Unit: US$ per tonne
Publication Weekly, Thursday by 4pm London.

The launch of this new assessment follows the discontinuation of the Graphite Flake, 94-97% C, -100 Mesh, FCL, fob Qingdao, China, US$ per tonne price assessment.

By assessing solely 94% C material, – rather than a carbon range of 94-97% C – the new specification will be aligned with the most liquid product within the graphite market. This is in response to market feedback.

To ensure that subscribers can access assessments for grades other than 94%, a Value-In-Use calculator (VIU) will be introduced that will allow users to estimate the equivalent price for different carbon content materials, ranging from 95% to 97%.

The change to this assessment was part of a wider improvement to Fastmarkets IM’s pricing of the graphite flake market.

The consultation on these alterations began on March 22 2019 on Fastmarkets IM and following extensive market engagement, Fastmarkets decided to extend the consultation period from April 23 until May 23.

To provide feedback on these prices, or if you would like to provide price information by becoming a data submitter, please contact Davide Ghilotti by email at: pricing@indmin.com. Please add the subject heading ‘FAO: Davide Ghilotti, re: graphite.’

To see all Fastmarkets’ pricing methodology and specification documents. Go to https://www.metalbulletin.com/prices/pricing-methodology.html and https://www.indmin.com/Methodology.html

What to read next
The publication of Fastmarkets’ AG-PLM-0019 refined bleached deodorised (RBD) palm olein, cfr South China assessment for Thursday July 24 was delayed due to a reporter error. Fastmarkets’ pricing database has been updated.
Fastmarkets has launched a MB-STE-0935 Steel reinforcing bar (rebar), differential to shredded auto scrap Chicago, fob mill US, $/gross ton to complement its existing suite of steelmaking raw materials to finished product differentials on Wednesday July 23. This strategic launch is designed to offer the market a single reference price denoting the differential between steel […]
The following prices were affected:MB-BI-0001 bismuth 99.99% Bi min, in-whs Rotterdam, $ per lbMB-CD-0001 cadmium 99.95% min, cif global ports, cents per lbMB-CD-0002 cadmium 99.99% min, cif global ports, cents per lb. These prices are part of Fastmarkets’ minor metals package. For more information, or to provide feedback on the delayed publication of these prices, or if you […]
After a consultation period from June 20 to July 18, Fastmarkets made the decision to discontinue these assessments because the outright prices no longer reflect market conditions, with the market shifting toward payables as the dominant pricing method. The affected prices are:MB-NIO-0003 nickel mixed hydroxide precipitate outright price, cif China, Japan and South Korea, $ per tonneMB-NIO-0005 nickel […]
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 Wednesday July 23 was delayed because of a system error. Fastmarkets’ pricing database has been updated.
On reviewing the methodology specifications, Fastmarkets is proposing to update the quantity, location and payment terms of the price. The specifications would be as follows, with amendments in italics: MB-SI-0003 silicon, ddp US, US cents per lbQuality: Si: 98.50%, Fe: 0.50%, Al: 0.50%, Ca: 0.30%Quantity: Min 20 tonnesLocation:ddp USUnit: US cents per lbPayment terms: 30 days, other terms normalizedPublication: Weekly, Thursday 4-5pm […]