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The February monthly average and weekly averages between February 15 and 28 for the two prices (MB-LI-0040 and MB-LI-0036) were not calculated because of the error. This delay did not affect the publication of the actual daily assessments. Fastmarkets’ pricing database has been updated. These prices are a part of Fastmarkets’ industrial minerals package. For more information […]
Fastmarkets proposes to amend the pricing methodology for its chromium alumino-thermic 99% min, in-whs Rotterdam assessment to bring it in line with the Chinese specifications currently followed by the market. The Chinese specifications currently in use by the market have been drawn up by the Minor Metals Trade Association (MMTA). The existing methodology adheres to […]
Fastmarkets proposes to amend its MB-CR-0001 chromium alumino-thermic 99% min, in-whs Rotterdam assessment and launch an assessment for chromium alumino-thermic 99.4% min, in-whs Rotterdam. Fastmarkets proposes to amend the pricing methodology for its chromium alumino-thermic 99% min, in-whs Rotterdam assessment to bring it in line with the Chinese specifications currently followed by the market. The […]
Fastmarkets has corrected the rationale for its MB-NIO-0004 Nickel mixed hydroxide precipitate payable indicator, % London Metal Exchange, cif China, Japan and South Korea that was published incorrectly on Wednesday February 26. The rationale mistakenly stated that the nickel mixed hydroxide precipitate payable indicator was unchanged on February 26 when it had widened upward. The […]
The rationale was missing the backwardation data on Monday. The following line has been added to the rationale for MB-AL-0020 aluminium P1020A premium, ddp Midwest US: “The LME C/3M spread was trading at a $8.25/t backwardation at the time of assessment on Monday, compared to a $8.00/t backwardation on Friday.” The published price is unaffected by this […]
The update can be found here or on the Fastmarkets platform via a search of the report’s headline.
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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