PRICING NOTICE: Proposal to discontinue Singapore, Malaysia zinc in-warehouse premiums

Fastmarkets proposes to discontinue its premium assessments for special high grade (SHG) zinc basis in-warehouse Singapore and Malaysia.

The proposal is based on market feedback that there is limited use for these premiums as reference prices, with the majority of market participants basing their business on Singapore and Malaysia premiums on a fca basis.

Therefore, Fastmarkets intends to discontinue the following premiums, subject to a market consultation:

Zinc premium 99.995% purity, in-warehouse Singapore
Zinc premium 99.995% purity, in-warehouse Malaysia

Fastmarkets will continue to publish weekly premium assessments on a Singapore fca basis and Malaysia fca basis on Tuesdays.

The consultation period for the discontinuation of these two in-warehouse premiums will end one month from the date of this pricing notice on Monday February 5 with changes taking place, subject to market feedback, from Tuesday February 12.

To provide feedback on this proposal or if you would like to provide price information by becoming a data submitter to the Singapore and Malaysia special high grade zinc fca premiums instead, please contact Ellie Wang by email: pricing@fastmarkets.com. Please add the subject heading FAO: Ellie Wang re: Zinc Singapore/Malaysia premiums.

To see all Fastmarkets’ pricing methodology and specification documents go to https://www.fastmarkets.com/about-us/methodology or https://www.metalbulletin.com/prices/pricing-methodology.html

What to read next
The following prices were affected: MB-STE-0007 Steel hot-rolled coil domestic monthly, exw Brazil, reais/tonne MB-STE-0005 Steel cold-rolled coil domestic monthly, exw Brazil, reais/tonne MB-STE-0006 Steel hot-dipped galvanized coil domestic monthly, exw Brazil, reais/tonne MB-STE-0008 Steel reinforcing bar (rebar) domestic monthly, delivered Brazil, reais/tonne These prices are a part of the Fastmarkets steel package. For more information or to provide […]
Fastmarkets proposes to discontinue the following duplicate prices, which were previously assessed on a US timestamp and also assessed in Asia, to better reflect observed market liquidity and based on previously received market feedback. Fastmarkets assessed these markets in both the US and Asia following the acquisition and merger of The Jacobson and Palm Oil […]
Fastmarkets has proposed several changes to the methodologies for its suite of global palm and lauric oil methodologies to give more insight into how these prices are assessed. It is also clarifying the timing and monthly rolls of several assessments. Fastmarkets has observed growth and market interest in these prices and wishes to give more […]
Fastmarkets proposes to amend the pricing frequency of its copper grade A cathode premium, delivered Germany; copper grade A cathode premium, cif Leghorn; and copper EQ cathode premium, cif Europe to one a week from the current fortnightly basis, effective December 30.
The following prices were affected: MB-STE-0916 Green steel domestic, differential to US HRC, fob mill, $/short ton MB-STE-0917 Green steel base price, hot-rolled coil fob US mill, weekly inferred, $/short ton These prices are a part of the Fastmarkets steel package. For more information or to provide feedback on the delayed publication of this price or if […]
Fastmarkets will launch a new weekly price assessment for tungsten concentrate, basis 50-70% WO3, spot price, $/mtu WO3 on Friday December 19, with a slight amendment to the originally proposed incoterms. Based on feedback from market participants, Fastmarkets will now launch a price assessed on a CIF global basis, rather than on a CIF Rotterdam […]