PRICING NOTICE: Proposal to publish NBSK CIF China assessments during LNY and October holidays – final decision

Fastmarkets RISI has decided to publish NBSK CIF China price assessments during Lunar New Year (LNY) and the October Golden Week holiday with effect from 2022 following a consultation with industry participants. This will ensure an assessment is published every week of the year.

The consultation, which closed on December 17, 2021, can be viewed here. Feedback was received from one stakeholder in favor of the proposal, with no feedback against.

Fastmarkets RISI’s NBSK CIF China assessment is used as the settlement for futures contracts listed on the NOREXECO exchange. Market participants had suggested it would be useful to have an assessment each week of the year, including during holidays.

For comments and queries, please email pricing.risi@fastmarkets.com.

To see all Fastmarkets RISI pricing methodology and specification documents see here.

To see all Fastmarkets RISI pricing notices please see here.

To see Fastmarkets RISI publishing schedules please see here.

 

What to read next
The decision follows a market consulation which took place from Tuesday June 23 and Monday July 20. No feedback was received. The assessments were first proposed in a pricing note published on June 23. The assessments, which will reflect prices of soybeans loaded from ports in the US Pacific Northwest into China, are aimed at […]
The publication of Fastmarkets’ manganese ore semi-carbonate index, 36.5% Mn, cif Tianjin; manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth; and manganese ore high grade index, cif Tianjin, was delayed on Friday July 17 due to a delay in data processing.
The prices were published at 16:00 London time on July 16, although the next publication should not have been until 16:00 London time on July 17. The following prices were published incorrectly and have been removed: MB-AL-0404 Aluminium scrap, clean production extrusions (6063), differential to LME, delivered consumer Europe, € per tonne MB-AL-0405 Aluminium scrap, post-consumer 95/5 […]
Fastmarkets has decided to launch a CIF Rotterdam aluminium billet premium calculated assessment.
Fastmarkets is proposing to change the frequency of its aluminium 6063 extrusion billet premium, ddp Spain assessment to weekly from the current bi-weekly frequency, effective August 21, 2026.
Fastmarkets proposes a methodology update to its AG-PLM-0007 palm stearin, RBD, fob US Gulf price assessment, effective Wednesday August 19.