Correction to the assessment of Fastmarkets’ copper grade A cathode premium, cif Shanghai

Fastmarkets has corrected its assessment for MB-CU-0403 copper grade A cathode premium, cif Shanghai, which was published incorrectly due to a reporter’s error on Thursday June 27. Fastmarkets’ database has been updated.

The assessment for MB-CU-0403 copper grade A cathode premium, cif Shanghai was incorrectly input at a discount of $0-20 per tonne. The correct assessment is a discount of $15 per tonne to a premium of $5 per tonne.

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 these prices, please contact Sally Zhang and Dylan Duan by email at: pricing@fastmarkets.com. Please add the subject heading: “FAO: Sally Zhang, Dylan Duan Re: Shanghai copper cathode CIF premium.”

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

What to read next
An incorrect EUR/USD exchange rate, used to convert the cost of inputs priced in euros to US dollars, caused the prices to be calculated incorrectly. This has now been rectified. The following prices were affected: AG-SAF-0004 Sustainable aviation fuel (SAF max), base cost, exw Netherlands, $/tonnePublished incorrectly as: $2,995 per tonneCorrected to: $1,996 per tonne […]
The publication of Fastmarkets’ European aluminium billet premiums assessments for Friday February 6 was delayed because of a procedural error. Fastmarkets’ pricing database has been updated.
Glencore’s share price fell sharply on Thursday February 5 after Rio Tinto confirmed it was no longer pursuing a potential merger, ending weeks of speculation about a combination that would have created one of the world’s largest mining companies.
Fastmarkets has corrected its MB-GD-0001 Gadolinium oxide 99.99%-99.999% fob China, $/kg price, which was published incorrectly.
Fastmarkets launches MB-STE-0951 Steel hot-rolled coil index, fob mill Canada on Thursday February 5.
The consultation, which is open until Friday March 6, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, 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 […]