Proposal to amend frequency of monthly calcined alumina prices: pricing notice

Fastmarkets proposes to amend the publishing frequency of its three calcined alumina prices from monthly to quarterly.

This change is being proposed to better reflect the purchasing habits in the calcined alumina market due to its long-contract nature, which often sees little change on a month-to-month basis.

The change would affect the publishing frequency of the following grades, which are currently published on a the first Thursday of the month, by 4pm, London time.

MB-ALU-0011 Alumina, calcined, unground 98.5-99.5% Al2O3, bulk, exw US/Europe, long-term contract, $/tonne

MB-ALU-0012 Alumina, calcined, ground and unground, min 99.5% Al2O3, medium-soda min 0.25% soda, bulk, exw US/Europe, long-term contract, $/tonne

MB-ALU-0013 Alumina, calcined, ground, 98.5-99.5% Al2O3, bulk, exw US/Europe, long-term contract, $/tonne

The full specifications for each grade can be found in the methodology at https://www.fastmarkets.com/methodology/metals/industrial-minerals.

Under the new schedule, the prices would be published on the first Thursday of the first month in any given quarter.

The consultation period for this proposed amendment starts from Monday June 5 and will end on Monday July 3.

The amendment will then take place, subject to market feedback, on July 6, the first Thursday of the quarter.

To provide feedback on this price or if you would like to provide price information by becoming a data submitter to this price, please contact Carrie Bone by email at: pricing@fastmarkets.com. Please add the subject heading: “FAO: Carrie Bone, re: calcined alumina.”

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

What to read next
Fastmarkets wishes to clarify how conditional bids and offers are used in its CFR China iron ore price assessments.
Fastmarkets wishes to clarify that its iron ore fines pricing suite is priced in dry metric tonnes.
Due to an input error, the market price for EN-BD-0032 renewable diesel, del Los Angeles, $/gal was priced well above the actual market price on December 26. Fastmarkets’ pricing database has been updated to reflect this change. Incorrect daily price for December 26: 1.9026-20076 $/galCorrect daily price for December 26: 1.9026-2.0076 $/gal This price is part of […]
Fastmarkets has amended the specifications for its CFR Europe flat steel import price assessments to better reflect the most typical sizes of spot market transactions. Following the consultation, which ended on Wednesday December 24, Fastmarkets amended the specifications for its CFR Europe flat steel import price assessments on Wednesday December 31. Based on feedback from market […]
After a consultation period, Fastmarkets has amended the pricing frequency of four European copper cathode premiums – grade A delivered Germany; grade A, CIF Leghorn; grade A, CIF Rotterdam; and the copper EQ cathode premium, CIF Europe. Following the consultation, which ended on Tuesday December 30, Fastmarkets has amended the frequency from fortnightly to weekly, on […]
Fastmarkets has corrected its AG-SYB-0078 Crush Margin China Soy (Brazil) M1 Yuan/mt and AG-SYB-0079 Crush Margin China Soy (US Gulf) M1 Yuan/mt, which had all forward curve months published incorrectly in February, and between April and September.