Proposal to amend holiday pricing schedule for technology, energy metals prices assessed in China

Under the proposal, less-frequent price assessments that fall on Chinese public holidays will be published on the nearest working day. The prices are being skipped according to the currently pricing holiday schedule.

Fortnightly and monthly prices that fall on Chinese public holidays will be assessed and published on the closest working day in the same month of the scheduled price assessment. If there are two such potential days, the price will be assessed on the day before the public holiday.

The proposed amendment will enable Fastmarkets’ prices assessed in China to reflect the spot market dynamics in a more timely manner.

According to the current pricing frequencies, the prices affected will be:

MB-SB-0003 Antimony MMTA standard grade II, ddp China, yuan per tonne

https://dashboard.fastmarkets.com/p/MB-SB-0003

MB-MAG-0005 Magnesia, dead burned, 97.5% MgO, lump, fob China, $ per tonne

https://dashboard.fastmarkets.com/p/MB-MAG-0005

MB-MAG-0002 Magnesia, dead burned, 90% MgO, lump, fob China, $ per tonne

https://dashboard.fastmarkets.com/p/MB-MAG-0002

MB-MAG-0009 Magnesia, fused, 97% MgO, Ca:Si 2:1, lump, fob China, $ per tonne

https://dashboard.fastmarkets.com/p/MB-MAG-0009

MB-MAG-0007 Magnesia, fused, 98% MgO, lump, fob China, $ per tonne

https://dashboard.fastmarkets.com/p/MB-MAG-0007

MB-FLU-0023 Lithium hexafluorophosphate (LiPF6), battery grade, ≥99.9%, fob China, $ per tonne.

https://dashboard.fastmarkets.com/p/MB-FLU-0023

Prices that are assessed jointly in China and London will continue to follow the England and Wales schedule.

The consultation period for the above proposal will start on Friday May 9 and will end on Monday June 9, with the amended holiday pricing schedule, subject to feedback, taking effect from Monday June 16.

To provide feedback on this pricing holiday schedule amendment, or if you would like to provide price information by becoming a data submitter, please contact Sybil Pan by email at: pricing@fastmarkets.com. Please add the subject heading FAO: Sybil Pan re: China TEM price assessment.

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets’ holiday pricing schedules for non-ferrous prices, please go to: https://dashboard.fastmarkets.com/a/5217430.