Become a customer

PRICING NOTICE: Correction to copper concentrate TC/RC index January 4, 2021

Fastmarkets has corrected its weekly copper concentrate treatment and refining charge (TC/RC) index, which was published incorrectly on Monday January 4 due to a calculation error.

January 8, 2021
Asia Base metals Copper

Fastmarkets’ weekly index for copper concentrates TC index, cif Asia Pacific (MB-CU-0287) should have been $44.70 per tonne, instead of $47.80 per tonne as previously published.

Fastmarkets’ weekly index for copper concentrates RC index, cif Asia Pacific (MB-CU-0288) should have been 4.47 cents per lb, instead of 4.78 cents per lb as previously published. 

Fastmarkets’ pricing database, MInD, has been updated to reflect this change. It was caused by an error in the normalization process. Measures have been applied to avoid this error from happening again.

For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data submitter to this index, please contact Julian Luk or Archie Hunter by email at: pricing@fastmarkets.com. Please add the subject heading ‘FAO: Julian Luk/Archie Hunter re: copper concentrates index.’

To see all Fastmarkets’ pricing methodology and specification documents, go to www.metalbulletin.com/prices/pricing-methodology.

What to read next
Discontinuation of lithium contract price assessments: pricing notice
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 […]
December 26, 2024
 · 
By Zihao Li
Delayed publication of Shanghai copper premiums
The publication of Fastmarkets’ Shanghai copper premiums on Monday December 23 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
December 23, 2024
 · 
By Callum Perry
Pricing Notice
Discontinuation of lithium contract price assessments (reminder)
Fastmarkets confirms it will discontinue its lithium contract assessments after their final publication date of Tuesday, December 24.
December 17, 2024
 · 
By Zihao Li
Road, Architecture, Building
Japan mulls mandatory carbon trading; Asian steelmakers on alert
Japan’s government has announced plans to make carbon trading, a system of carbon dioxide (CO2) emissions quotas, mandatory for high-emission firms from the 2026 fiscal year, which could have far-reaching consequences for Asian steelmakers, sources told Fastmarkets in the week to Friday November 29.
December 10, 2024
 · 
By Alice Li
Fastmarkets Forest Products price publishing schedules for 2025 are now available online
To view and download the schedules please visit: https://www.fastmarkets.com/methodology/forest-products. For questions and comments please contact pricing@fastmarkets.com.
December 10, 2024
 · 
By the Fastmarkets team
Proposal to amend frequency of some US base metals premiums
Fastmarkets proposes to amend the frequency of the publication of several US base metal price assessments to a monthly basis, including MB-PB-0006 lead 99.97% ingot premium, ddp Midwest US; MB-SN-0036 tin 99.85% premium, in-whs Baltimore; MB-SN-0011 tin 99.85% premium, ddp Midwest US; MB-NI-0240 nickel 4x4 cathode premium, delivered Midwest US and MB-NI-0241 nickel briquette premium, delivered Midwest US.
December 2, 2024
 · 
By Rae Boyadjis