Correction to rationale of nickel mixed hydroxide precipitate payable indicator for February 26

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.

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 amended rationale now reads as:

“The nickel MHP payable was assessed at 79.5-80.5% on Wednesday February 26, widening upward from the previous session.”

The published price is unaffected by this change.

This price is part of the Fastmarkets base metals package.

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 price, please contact Dylan Duan and Sybil Pan by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Dylan Duan/Sybil Pan, re: Nickel mixed hydroxide precipitate payable indicator, % London Metal Exchange, cif China, Japan and South Korea.”

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.

What to read next
Fastmarkets has corrected its AG-SYB-0082 Crush Margin US Soy M1 c$/bu price, which had all forward curve months published incorrectly in the month of April 2025 and M2 published incorrectly in October 2025.
Fastmarkets is clarifying the holiday pricing calendar for its price assessments for pig iron exports from Brazil and pig iron imports in the US.
Following an informal consultation with the market, and a review of typical data sets that are collected over the recent months, Fastmarkets now proposes to increase the frequency of MB-BX-0016 Bauxite, cif China, $/dmt price to weekly basis and extend the timing of the price to reflect cargoes for arrival within 90 days, as well as moving the publish time to Friday from Wednesday.
Fastmarkets has launched the MB-BX-0017 Bauxite, FOB Guinea price, $/dmt on Friday December 19, 2025.
Fastmarkets has corrected the MB-ALU-0002 Alumina index, fob Australia, $/tonne, which was published incorrectly on Wednesday December 17 due to a procedural lapse. Fastmarkets has also corrected the index's rationale and all related inferred indices.
MB-STE-0027 Steel cold-rolled coil domestic, exw Southern Europe, €/tonne was incorrectly published as €710-750 per tonne, now corrected to €730-750 per tonne. MB-STE-0031 Steel hot-dipped galvanized coil domestic, exw Southern Europe, €/tonne was incorrectly published as €700-730 per tonne, now corrected to €730-750 per tonne. MB-STE-0030 Steel hot-dipped galvanized coil domestic, exw Northern Europe, €/tonne was incorrectly published as €710-745 per […]