MB-NIO-0001 Nickel ore with 1.8% nickel content, cif China, $/tonne
https://dashboard.fastmarkets.com/p/MB-NIO-0001
Quality: 1.8% Ni, 15-20% Fe, Water content 30-35%, Si:Mg ratio <2
Quantity: 50,000 tonnes
Location: cif China
Unit: USD per tonne
Payment terms: Letter of Credit
Publication: Weekly. Friday 2-3pm London time

This price is a part of the Fastmarkets base metals package.

The consultation period for the proposal will start on Friday December 27 and end on Friday January 24, with the amendment, subject to feedback, taking effect from Friday January 31.

To provide feedback on this 1.8% nickel ore price or if you would like to provide price information by becoming a data submitter to this price, please contact Dylan Duan and Laura Li by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Dylan Duan and Laura Li re: nickel ore with 1.8% nickel content, cif China.”

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.

The post Proposal to amend name of nickel ore 1.8% basis 15-20% Fe water content: 30-35% Si:Mg ratio<2 lot size 50,000 tonnes, cif China: pricing notice appeared first on Fastmarkets.

If you have any comments on the discontinuation of the lithium contract prices, please contact Zihao Li or Ewan Thomson by email at pricing@fastmarkets.com. Please add the subject heading: “FAO: Zihao Li/Ewan Thomson re: Lithium contract price discontinuation.”

Please indicate if your comments are confidential. Fastmarkets will consider all comments received and, upon request, will make comments not marked as confidential available.

To see all Fastmarkets pricing methodology and specification documents, please go to https://www.fastmarkets.com/methodology.

The post Discontinuation of lithium contract price assessments: pricing notice appeared first on Fastmarkets.

The affected prices are in the Fastmarkets Ags, Ags Grains, Industrial Ags, Oils, Fats, Animal Proteins and Biofuels pricing packages.

For more information, or to provide feedback on the publication of these assessments, or if you would like to provide price information by becoming a data submitter to these assessments, please contact Chloe Krimmel by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Chloe Krimmel, re: US agricultural products price assessments.”

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.

The post Pause in publication of US agricultural products price assessments appeared first on Fastmarkets.

MB-CU-0403 Copper grade A cathode premium, cif Shanghai, $/tonne
MB-CU-0380 Copper grade A cathode ER premium, cif Shanghai, $/tonne
MB-CU-0384 Copper grade A cathode SX-EW premium, cif Shanghai, $/tonne
MB-CU-0405 Copper grade A cathode premium, in-whs Shanghai, $/tonne
MB-CU-0383 Copper grade A cathode ER premium, bonded in-whs Shanghai, $/tonne
MB-CU-0382 Copper grade A cathode SX-EW premium, bonded in-whs Shanghai, $/tonne

These premiums are a part of the Fastmarkets Base Metals package.

For more information or to provide feedback on the delayed publication of these premiums or if you would like to provide price information by becoming a data submitter to these premiums, please contact Callum Perry by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Callum Perry, re: Copper Shanghai Premiums.”

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.

The post Delayed publication of Shanghai copper premiums appeared first on Fastmarkets.

The second amendment extends the timing window to include any transaction data concluded within up to 18 months, from three months previously. The extension of the timing window will allow for an inclusive approach to an evolving low-carbon marketplace, allowing Fastmarkets to capture all reported transaction data under one robust differential. No negative feedback was received during the consultation period.  

The new specifications for the differentials will be as follows (changes in italics):

MB-AL-0389 Aluminium low-carbon differential P1020A, US Midwest, US cents/lb
Carbon limit: 4tCO2e per tonne of aluminium produced, Scope 1 and 2 emissions.
Quality: P1020A or 99.7% minimum Al purity (Si 0.10% max, Fe 0.20% max). Ingot, T-bar, sow
Quantity: Min 100 tonnes
Location: Delivered consumer works Midwest, differential on top of P1020A premium and exchange-listed aluminum price.
Unit: US cents per pound
Timing: Up to 18 months
Publication: Monthly, first Friday of the month, 3-4pm London time.

MB-AL-0390 Aluminium low-carbon differential value-added product, US Midwest, US cents/lb
Carbon limit: 4tCO2e per tonne of aluminium produced, Scope 1 and 2 emissions.
Type: Extrusion billet, primary foundry alloy, wire rod, slab
Quantity: Min 100 tonnes
Location: Delivered into US Midwest region, differential on top of value-added product premium and exchange-listed aluminum price
Unit: US cents per pound
Timing: Up to 18 months
Publication: Monthly, first Friday of the month, 3-4pm London time.

These prices are a part of the Fastmarkets base metals package.

To provide feedback on this price, or if you would like to provide price information by becoming a data submitter to this price, please contact Yasemin Esmen by email at pricing@fastmarkets.com. Please add the subject heading “FAO: Yasemin Esmen, re: US low-carbon aluminium differentials.”

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.

The post Amendment to frequency and timing window of US low-carbon aluminium differentials: pricing notice appeared first on Fastmarkets.

The specification for US Export SBS to Mexico is as follows:

Description: Solid bleached sulfate board, US export 16-pt folding carton C1S, fob Laredo, Texas, $/tonne

Quality (basis weight/strength, brightness): Prices are for prime-quality tonnage with normal trims. Coated on one side.

Quantity: 500-10,000 tonnes/year

Location: United States, Laredo, TX, border crossing

Incoterm: Free on Board

Timing: Orders taken in the month to date for shipment in the current month or the following month.

Unit: Metric tonne

Payment terms: Assume normal and customary payment terms.

Publication: Monthly. Usually at 4.30pm Eastern time on the 3^rd Friday of the month. See full schedule online.

Notes: Price assessments reflect prices before discounts.

The specification for Mexico domestic coated recycled kraft/grey back paperboard is as follows:

Description: Recycled folding boxboard, coated kraft/grey back 320-325 g/m2 or 16-pt, delivered Mexico, peso/tonne

Quality (basis weight/strength, brightness): Prices are for prime-quality tonnage with normal trims. Coated on one side.

Quantity: 100-150 tonnes/year

Location: Mexico

Incoterm: Delivered Mexico City, Monterrey areas

Timing: Orders taken in the month to date for shipment in the current month or the following month.

Unit: Metric tonne

Payment terms: Assume normal and customary payment terms.

Publication: Monthly. On the third or fourth Tuesday of each month. See full schedule online.

Notes: Price assessments reflect the range in which the bulk of transactions took place. Prices are for prime-quality tonnage with normal trims. Coated in one side.

Jan. 17, Jan. 21 startup. The new prices start with the export SBS level reported in Fastmarkets’ PPI Pulp & Paper Week on Jan. 17, 2025, and the Mexico domestic kraft/grey back CRB level reported in Fastmarkets’ PPI Latin America on Jan. 21, 2025. The prices will run each month on a similar schedule. The prices also are reported online.

 If you would like to provide price information by becoming a data submitter, please contact nola.valente@fastmarkets.com for the US pricing, contact sandy.oliveira@fastmarkets.com for the Mexico domestic pricing, and or contact grudder@fastmarkets.com and mfaleiros@fastmarkets.com. Please add the subject heading “FAO: US export SBS pricing for Mexico and Mexico domestic pricing for CRB.”

To see all Fastmarkets RISI pricing methodology and specification documents see here.

To see all Fastmarkets RISI pricing notices please see here.

The post Launch of US and Mexico Boxboard Prices: Pricing Notice appeared first on Fastmarkets.

This consultation, which closed December 19, 2024, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.

You can find the current methodology for LL and WBM here.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology/forest-products

The post Open consultation on methodology for Log Lines (LL) and Woodfiber and Biomass Markets (WBM) – Final decision appeared first on Fastmarkets.

Fastmarkets has been publishing the coefficients since April 2019 and both derive from Fastmarkets’ copper concentrates TC/RC index, cif Asia Pacific, which prices the mid-point of the market.

The proposed index coefficient specifications are as follows (changes in italics):

MB-CU-0422 – Copper concentrates counterparty spread, $/tonne
Quality: Cu (%) base 26, max 37, min 18; Au (g/dmt) base 1.1, max30; Ag (g/dmt) base 75, max 350; S (%) Base 32, max 38, min 20; Fe (%) base 28, max 35, min 15; Pb (%) base 0.07, max 4; Zn (%) base 1, max 4; As (%) base 0.17 max 2; Sb (%) base 0.018, max 0.2; Hg (ppm) base 2.5, max 10; Bi (ppm) base 145, max 2,000
Quantity: Minimum 5,000 dry metric tonnes
Location: CIF Asia Pacific
Unit: USD/tonne
Publication:Fortnightly, Friday before 4pm UK time.
Notes: The counterparty spread price will measure, in $/tonne, the net gap between the average smelters purchases price and the traders purchase price for copper concentrate TCs.

MB-CU-0423 – Copper concentrates copper VIU, $/tonne
Quality: Cu (%) base 26, max 37, min 18; Au (g/dmt) base 1.1, max30; Ag (g/dmt) base 75, max 350; S (%) Base 32, max 38, min 20; Fe (%) base 28, max 35, min 15; Pb (%) base 0.07, max 4; Zn (%) base 1, max 4; As (%) base 0.17 max 2; Sb (%) base 0.018, max 0.2; Hg (ppm) base 2.5, max 10; Bi (ppm) base 145, max 2,000
Quantity: Minimum 5,000 dry metric tonnes
Location: cif Asia Pacific
Unit: USD/tonne
Publication:Fortnightly, Friday before 4pm UK time.
Notes: The copper VIU price measures the value-in-use in $/tonne of one extra percentage point of copper in a parcel of concentrates.

The consultation period for this proposed amendment starts from Friday December 20 and will end on January 22. The amendment will then take place, subject to market feedback, on January 24.

These prices are part of the Fastmarkets base metals package.

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 Sally Zhang and/or Albert MacKenzie by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Sally Zhang/Albert MacKenzie, re: the frequency of two copper concentrates index coefficients.”

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.

The post Proposal to increase the frequency of two copper concentrates index coefficients appeared first on Fastmarkets.

• MB-IRO-0186 Iron ore DR-grade pellet premium indicator, $/tonne (instead be Wednesday December 25)
• MB-STE-0782 Steel billet export, fob ports Iran, $/tonne (instead of Wednesday December 25)
• MB-STE-0781 Steel slab export, fob ports Iran, $/tonne (instead of Wednesday December 25)
• MB-STE-0516 Steel billet import, cfr main port Egypt, $/tonne (instead of Thursday December 26)
• MB-STE-0112 Steel reinforcing bar (rebar) domestic, exw Egypt, E£/tonne (instead of Thursday December 26)

In a change from the previous calendar, these prices are being moved to the day before the holiday instead of the day after, which is not a working day in many Middle Eastern countries.

These prices will also not be published on January 1, which is also a UK public holiday. They will be published the next working day, on January 2, which is unchanged from the previous notice.

Fastmarkets’ pricing holiday calendar has been updated to reflect these changes. You can find the pricing holiday calendar here: 

These prices are part of the Fastmarkets steel price package.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

The post Amendment to holiday pricing schedule for five Middle East-related steel and metallics prices appeared first on Fastmarkets.

The proposed specifications of the new price assessment are as follows:

Coated ivory board, 250g/m², Chinese exports to Southeast Asia FOB, $/tonne

Quantity: Minimum 100 tonnes

Location: China

Incoterm: FOB, from Chinese main ports to Southeast Asian main ports

Timing: Orders taken in the month to date for shipment in the current month or the following month

Unit: US dollar per metric tonne

Payment terms: Assume normal and customary payment terms.

Price type: Prices reflect open-market transactions. Transfers between affiliates and transactions whose price is indexed to a published price are excluded.

Publication: Monthly, in the last week of the month or first week of the following month

Assessment Type: Range price assessment

Notes: The price assessment reflects the range in which the bulk of transactions take place. Prices are for prime-quality tonnage with normal trims. The product, with its bulkiness at around 1.3-1.4 cm³/g, has a multilayer fiber structure with bleached chemical pulp in the top and bottom layers and chemi-mechanical pulp in the middle. It usually features double or triple coating on the front and a thin layer of coating on the reverse side.

The price will be part of the Fastmarkets Paper Packaging package.

The consultation period for this proposed launch starts from December 18, 2024 and will end on January 31, 2025. The launch will take place, subject to market feedback, on February 28, 2025.

To provide feedback on this new launch or if you would like to provide price information by becoming a data submitter to this price assessment, please contact Shawn Wang by email at pricing@fastmarkets.com. Please add the subject heading “FAO: Shawn Wang, re: Coated ivory board, Chinese exports to Southeast Asia FOB.”

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.

The post Proposal to launch Coated ivory board, Chinese exports to Southeast Asia FOB assessment: pricing notice appeared first on Fastmarkets.