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Fastmarkets proposes to assess and publish its graphite electrodes, high power, fob China and graphite electrodes, ultra high power assessments on a monthly basis, rather than on the previous fortnightly basis.
The proposal follows Fastmarkets’ observations that these two commodities see inactive spot liquidity and low volatility in prices.
The proposed new specifications for the prices are as follows, with the amendments in italics:
MB-GRA-0043 graphite electrodes, high power, fob China, $ per tonneQuality: 350-450mm diameterQuantity: Min 20 tonnesLocation: FOB ChinaTiming: SpotPublication: Monthly, first Wednesday of the month, 4pm London
MB-GRA-0044 graphite electrodes, ultra high power, fob China, $ per tonneQuality: 450-650mm diameterQuantity: Min 20 tonnesLocation: FOB ChinaTiming: SpotPublication: Monthly, first Wednesday of the month, 4pm London
These prices are a part of the Fastmarkets industrial minerals package.
The consultation for this proposed amendment starts from Wednesday November 6 and will end on Friday December 6. The change in frequency will then take place, subject to market feedback, from Wednesday December 11.
To provide feedback on these prices or if you would like to provide price information by becoming a data submitter to these prices, please contact Venus Wang by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Venus Wang, re: Graphite electrodes fob China prices.”
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 pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.