Final decision on open consultation on non-ferrous methodology

Fastmarkets invited feedback from the industry on its non-ferrous and industrial minerals methodologies, via an open consultation process between October 8 and November 6, 2024. This consultation was done as part of our published annual methodology review process.

The consultation closed on November 6, with no new comment or feedback received suggesting that any material change is required to the existing methodology.

No other price consultations will be opened as a result of this consultation at this stage. Fastmarkets invites feedback on a continuing basis throughout the year.

The consultation sought to ensure that our methodology continues to reflect the physical markets in base metals, minor metals, ores and alloys, rare earths and industrial minerals. This includes all elements of our pricing process, our price specifications and the publication frequency.

To provide comment or feedback on the content of the non-ferrous or industrial minerals methodologies, or if you would like to provide price information by becoming a data submitter to these prices or indices, please email pricing@fastmarkets.com. Please add the subject heading ‘FAO: Janie Davies/ Jon Stibbs, re: Non-ferrous methodology.’

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

What to read next
The name of the price MB-NIO-0001 will be shortened to nickel ore with 1.8% nickel content, cif China, in a move to enhance its readability and in line with other Fastmarkets nickel ore prices. The change to the name of the price will not affect historical data and will not change the specifications. Specifications contained in the […]
Falling prices have been the dominant theme in the rare earths industry in 2024. A steep slump at the start of the year capped two years of price declines that have slashed profits and upended processing margins. Fastmarkets reached out to market experts to gather insight on the outlook for 2025 and the factors and […]
On September 25, the discontinuation was postponed from the originally scheduled final publication to take into account the needs of market participants that still had physical contracts linked to the lithium contract assessments in place. The affected prices are:• MB-LI-0031Lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, contract price cif China, Japan & Korea• MB-LI-0027Lithium carbonate 99.5% Li2CO3 min, battery […]
Fastmarkets will not publish any price assessments for US animal fats and oils; animal proteins; biomass-based diesel; hide and leather; grain and feed ingredients; organic/non-GMO; and vegetable oils, on Wednesday December 25.
The publication of Fastmarkets’ Shanghai copper premiums on Monday December 23 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
The first amendment decreases the differentials’ publishing frequency to once monthly from once weekly. Both differentials will be next assessed on January 3, 2025, and on the first Friday of each month thereafter. The monthly frequency matches Fastmarkets’ low-carbon aluminium differentials in other regions and better reflects current market liquidity. No feedback was received during […]