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 publication of Fastmarkets’ Vietnamese steel scrap import assessments for Friday June 14 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
In the open consultation, Fastmarkets FOEX did not propose any changes, and there was no feedback received during the process. No material changes were made to the current methodology. A newly dated methodology document has been posted here.
The publication of Fastmarkets’ aluminium scrap and secondary aluminium ingot price assessments for Wednesday June 12 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
The publication of Fastmarkets’ MB-IRO-0186 iron ore DR grade pellet premium indicator for Wednesday June 12 was delayed due to an error in the review process.
Fastmarkets proposes to discontinue its weekly price assessments for AG-UCO-0013 UCO, Chinese flexi-tank, CFR Antwerp, Rotterdam, Amsterdam, and AG-UCO-0012 UCO, Chinese bulk, CIF Antwerp, Rotterdam, Amsterdam.
Fastmarkets wishes to clarify the specifications for its European animal fats price assessments.