PRICING NOTICE: Metal Bulletin increases minimum tonnage for aluminium premium assessments

Metal Bulletin has changed the specifications of its aluminium ingot premiums to increase the minimum tonnage of transactions taken into consideration in the assessment process, effective Monday March 13.

The minimum tonnage for a reported trade has been raised to 100 tonnes, from 25 tonnes, for all Metal Bulletin’s P1020 premiums, including the daily Rotterdam duty-unpaid benchmark.

Metal Bulletin has also raised the minimum tonnage for a reported trade for the quarterly main Japanese ports (MJP) aluminium premium benchmark to 500 tonnes, from 25 tonnes previously.

The changes follow feedback from market participants and aim to align our prices with market standards with a view to ensuring the continuing relevance of our published premiums.

Any questions regarding the changes can be sent to pricing@metalbulletin.com.

If you have any questions about Metal Bulletin’s general pricing methodology and policy, please contact Metal Bulletin’s global base metals editor Perrine Faye at perrine.faye@metalbulletin.com

What to read next
The amendment would decrease publishing frequency to twice per week from daily, to reflect lower market liquidity following Russia’s invasion of Ukraine in 2022 and resulting in Western sanctions against Russia that led to lower export sales volumes from the country. This is also while the effect of the war has resulted in lower sales […]
Fastmarkets will launch a FP-CBB-0115 coated ivory board, 250g/m2, Chinese exports to Southeast Asia FOB price assessment on February 28.
Fastmarkets is inviting feedback from the industry on the pricing methodology for its PIX Pulp Europe (gross) and PIX Pulp China (net) indices as part of its announced annual methodology review process.
Fastmarkets proposes to launch three assessments for primary aluminium premiums in Mexico: a P1020A premium, a low-carbon differential for P1020A and a 6063 extrusion billet premium — all on a CIF basis for the main ports of the country.
Fastmarkets is inviting feedback from the industry on the pricing methodology for the PIX Sawn Timber Pine FAS Finland and PIX Sawn Timber Spruce FAS Finland indices, including their sub-indices, as part of its announced annual methodology review process.
The publication of Fastmarkets’ manganese ore seaborne indices for Friday January 31 was delayed due to additional analysis of data. Fastmarkets’ pricing database has been updated.