PRICING NOTICE: Metal Bulletin proposes to reduce frequency of Shanghai bonded copper stocks assessments

Metal Bulletin is opening a consultation on a proposal to reduce its assessment of Shanghai bonded copper stocks to once a month.

Currently, Metal Bulletin assesses Shanghai bonded copper stocks fortnightly. Under the proposal, the assessment of Shanghai copper bonded stocks will take place on the first working day of each month.

The reduction in frequency of the assessment will align the publication of copper bonded stocks with the other base metals bonded stocks published by Metal Bulletin. Metal Bulletin publishes Shanghai bonded aluminium, nickel and zinc stocks once a month. 

Subject to the results of the consultation, the Shanghai copper bonded stock assessment will be published on the following dates in 2018:

Monday October 1, 2018
Thursday November 1, 2018
Monday December 3, 2018

The consultation period for this proposal will end one month from the date of this pricing notice, on Thursday September 20, with changes taking place from October 1, 2018. The last fortnightly assessment of Shanghai bonded copper stocks will take place on Monday September 24, 2018.

To provide feedback on the prosed reduction in frequency of this assessment, please contact Violet Li by email at: pricing@metalbulletin.com. Please add the subject heading FAO: Violet Li, re: Shanghai bonded copper stocks.

What to read next
Saudi Arabia, through its spearheading of a mining and minerals production and consumption push in the Middle East, a region usually associated with oil and gas, is leading neighboring countries to increase their presence in the base metals markets
Indonesia is preparing to invest more in its aluminium supply chain as part of its wider critical metals strategy, Fastmarkets understands
Fastmarkets has corrected its MB-STS-0259 stainless steel scrap 316 solids domestic, delivered merchants UK, £/tonne price assessment, which was published incorrectly on Friday June 14.
Market sentiment remain mixed on whether the investigation will impact aluminium prices and production
Fastmarkets will not publish any price assessments for corn, soybean, Americas vegoils and meals, or US wheat, on Wednesday June 19.
Aluminium premiums in all key regions remained well-supported in the week to Tuesday June 18, amid ongoing reports of tight availability, while market participants in Europe and Asia are focusing on ongoing negotiations for Japanese third-quarter supplies