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Fastmarkets is inviting feedback from the industry on the pricing methodology for its iron ore indices, as part of its announced annual methodology review process.
Fastmarkets has corrected the published date for Shanghai bonded copper stocks, tonnes; chrome ore inventories at the main ports of Tianjin, Qinzhou, Lianyungang and Shanghai, million tonnes; and manganese ore inventories at the main Chinese ports of Tianjin and Qinzhou, million tonnes.
Fastmarkets has corrected its price for MB-IRO-0009 iron ore 65% Fe Brazil-origin fines, cfr Qingdao, which was published incorrectly on Monday February 27 due to a technical error.
Fastmarkets has corrected its cobalt hydroxide index 30% Co min, cif China, which was published incorrectly on Friday February 24 due to an error.
Fastmarkets is proposing to amend its aluminium P1020A main Japanese ports (MJP) spot price assessment methodology, which is assessed on a cost, insurance and freight (CIF) incoterm basis, to include tenders and deals from the domestic market in Japan and to extend the delivery window.
Fastmarkets has corrected its Shanghai-London arbitrage calculations for aluminium, which were published incorrectly on Friday February 17 due to a reporting 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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