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Fastmarkets has corrected its assessment for the battery-grade lithium carbonate spot price in China, which was published incorrectly on Thursday July 13 due to a reporter error.
Fastmarkets proposes to launch an assessment of the lithium payable as part of its set of weekly price assessments for black mass in the CIF South Korea market, in response to there being more trade making use of lithium payables in the Asian markets and demand from the market for greater transparency.
Fastmarkets’ pricing database was not accessible at the time some US-based prices were published on Wednesday July 12, due to technical difficulties.
Fastmarkets has corrected its consumer buying price for steel scrap shredded auto scrap, delivered mill Houston to reflect pricing and trend information received after that market was originally settled on Monday July 10.
Fastmarkets has amended the specifications of its weekly payable indicators for black mass in South Korea to better reflect the materials being traded in the country’s import spot market.
Fastmarkets has corrected its price assessment for European high-carbon ferro-chrome, basis 60-64.9% Cr, which was published incorrectly on Tuesday July 11 due to a reporter error.
Fastmarkets Benchmark Administration Oy (FBA) was incorporated in December 2020 to operate as the independent administrator of benchmarks published by price reporting agency (PRA) Fastmarkets and subject to the European Benchmarks Regulation (BMR). It is headquartered in Helsinki, Finland, and supervised by the Finnish Financial Supervisory Authority (FIN-FSA).
If you have questions about our pricing process, contact our pricing team.
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