PRICING NOTICE: Open consultation on methodology for cobalt hydroxide index – final decision

Fastmarkets invited feedback from the industry on the pricing methodology for cobalt hydroxide index, via an open consultation process between June 16 and July 13. This consultation was done as part of our published annual methodology review process.

July 21, 2021

By Susan Zou

No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage.

This consultation sought 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 the assessment of cobalt hydroxide index 30% Co min, cif China, $/Ib here.

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