Metals methodology

Find out how we assess and forecast prices for the global metals market

View the latest IOSCO assurance report

Metals pricing notices

Fastmarkets has launched its MB-AL-0425 aluminium 6063 & 6060 extrusion billet premium, ddp São Paulo, on Tuesday August 26. This launch follows positive feedback from the domestic market in Brazil for a regional price reference. Fastmarkets is the first Price Reporting Agency (PRA) to launch this premium in Brazil.  Brazil is among the world’s top […]

The publication of two inferred prices for Monday August 25 were delayed because of procedural errors.

The publication of Fastmarkets’ European heavy plate price assessments was delayed by 51 minutes. The prices impacted by the delayed publication were the following: MB-STE-0034 Steel domestic plate 8-40mm, exw Northern Europe, €/tonne MB-STE-0035 Steel domestic plate 8-40mm, exw Southern Europe, €/tonne MB-STE-0049 Steel plate (8-40mm) import, cfr main port Northern Europe, €/tonne MB-STE-0050 Steel plate (8-40mm) import, cfr […]

Fastmarkets has clarified and amended some of the specifications for its MB-SI-0003 silicon, ddp US, price assessment including the quantity, location and payment terms.The pricing consultation ended on Wednesday August 20 and the changes are effective from first subsequent pricing session on Thursday August 21. After the month-long consultation period, Fastmarkets is amending the below […]

On August 18 the following prices were published incorrectly: MB-ALU-0002 Alumina index, fob Australia, $/tonne was published in error as $369.13 per tonne. This has now been corrected to $369.10 per tonne. MB-ALU-0019 Alumina index inferred, fob Indonesia, $/tonne was published in error as $378.13 per tonne. This has now been corrected to $378.10 per tonne. MB-ALU-0018 Alumina […]

Fastmarkets has corrected its AG-SYB-0005 Soybean CFR China (US Gulf) $/mt and AG-SYB-0006 Soybean CFR China (US Gulf) Premium c$/bu, which were published incorrectly between July 17 and August 7. Fastmarkets also corrected the rationale for AG-SYB-0006 Soybean CFR China (US Gulf) Premium c$/bu, which was published incorrectly. The derived prices AG-SYB-0001 Soybean CFR China […]

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.

Disclaimer

This Disclaimer is in addition to our Terms and Conditions as available on our website and shall not supersede or otherwise affect these Terms and Conditions. Prices and other information contained in this publication have been obtained by us from various sources believed to be reliable. This information has not been independently verified by us. Those prices and price indices that are evaluated or calculated by us represent an approximate evaluation of current levels based upon dealings (if any) that may have been disclosed prior to publication to us. Such prices are collated through regular contact with producers, traders, dealers, brokers and purchasers although not all market segments may be contacted prior to the evaluation, calculation, or publication of any specific price or index. Actual transaction prices will reflect quantities, grades and qualities, credit terms, and many other parameters. The prices are in no sense comparable to the quoted prices of commodities in which a formal futures market exists.

Evaluations or calculations of prices and price indices by us are based upon certain market assumptions and evaluation methodologies, and may not conform to prices or information available from third parties. There may be errors or defects in such assumptions or methodologies that cause resultant evaluations to be inappropriate for use. Your use or reliance on any prices or other information published by us is at your sole risk. Neither we nor any of our providers of information make any representations or warranties, express or implied as to the accuracy, completeness or reliability of any advice, opinion, statement or other information forming any part of the published information or its fitness or suitability for a particular purpose or use. Neither we, nor any of our officers, employees or representatives shall be liable to any person for any losses or damages incurred, suffered or arising as a result of use or reliance on the prices or other information contained in this publication, howsoever arising, including but not limited to any direct, indirect, consequential, punitive, incidental, special or similar damage, losses or expenses.

We are not an investment adviser, a financial adviser or a securities broker. The information published has been prepared solely for informational and educational purposes and is not intended for trading purposes or to address your particular requirements. The information provided is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, commodity, financial product, instrument or other investment or to participate in any particular trading strategy. Such information is intended to be available for your general information and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions. Your investment actions should be solely based upon your own decisions and research and appropriate independent advice should be obtained from a suitably qualified independent adviser before any such decision is made.