PRICING NOTICE: Proposal to discontinue South Korea registered copper premium [CORRECTED]

Fastmarkets proposes to discontinue pricing physical copper cathode premiums on a seaborne basis to South Korea.

South Korea is a major producer of grade A registered refined copper cathodes and in recent years has imported very little of this material.

South Korean copper cathode imports tend to be equivalent grade or non-registered material, which Fastmarkets is looking into pricing instead as it does for the China and Europe markets.

The price to be discontinued is: 
MB-CU-0404 Copper grade A cathode premium, cif South Korea, $ per tonne

The consultation period for this price discontinuation and will end on Monday March 1, with changes taking place, subject to market feedback, from March 3.

To provide feedback on the proposal to discontinue, or if you would like to provide price information by becoming a data submitter to the South Korea copper premium, please contact Archie Hunter / Sally Zhang by email at: pricing@fastmarkets.com. Please add the subject heading ‘FAO: Archie Hunter / Sally Zhang, re: South Korea copper premiums.’

To see all Fastmarkets’ pricing methodology and specification documents, go to www.fastmarkets.com/about-us/methodology.

[This article was updated to amend the price identifier code, which due to a reporter error had appeared incorrectly when this article was initially published.]

What to read next
Fastmarkets has concluded its annual industry consultation and will add new straight-length assessments for Eastern S-P-F #1&2 2x4 and 2x6 8’-16’ delivered Toronto. Fastmarkets will also assess an adder for Southern Yellow Pine #2 Prime 2x4, 2x6, and 2x8.
The last assessments for the LWC and MWC rotogravure grades will be published on July 17. The prices will be discontinued on August 21. The affected prices are: FP-GP-0027 LWC rotogravure reels 60-g, France, €/tonne FP-GP-0026 LWC rotogravure reels 60-g, Germany, €/tonne FP-GP-0083 LWC rotogravure reels 57-g, Germany, €/tonne FP-GP-0082 LWC rotogravure reels 54-g, Germany, €/tonne FP-GP-0086 MWC rotogravure reels […]
The prices affected are: FP-CTB-0001 Brazil Kraftliner 120-150 g/m2, FOB Mill FP-CTB-0002 Brazil White top liner 130-200 g/m2, FOB Mill FP-CTB-0003 Brazil Fluting 120 g/m2, FOB Mill FP-CTB-0004 Brazil Testliner 120-130 g/m2, FOB Mill FP-CTB-0005 Mexico Recycled Medium, 120-180 g (domestic) FP-CTB-0006 Mexico Recycled Linerboard, 130-180 g (domestic) Brazil Kraftliner 120-150 g/m2, FOB Mill; Brazil […]
This strategic launch is designed to offer the market a single reference price denoting the differential between hot-rolled steel products and the key benchmark scrap and raw materials composite in the production of those grades. The methodology grades for these differentials are as follows: MB-STE-0928 Steel hot-rolled coil index, differential to No1 busheling Chicago, fob mill […]
Due to the Eid -Al-Adha public holiday, which began on Thursday June 5 and will run through to Monday June 9 inclusive, these prices will be published instead on Tuesday June 10, in accordance with Fastmarkets’ policy. These prices are usually published weekly on Mondays. This change was not initially noted on Fastmarkets’ 2025 pricing […]
The rationale for MB-CO-0004 cobalt alloy grade, in-whs Rotterdam, $/lb had erroneously stated that an indication at $18.50-20.00 per lb was included in the assessment. This has been corrected to explain the indication was made outside of the pricing window, and had therefore been discarded. The published price is unaffected by this change. These prices are a […]