PRICING NOTICE: Proposal to discontinue fob Singapore, Malaysia aluminium premiums

Fastmarkets proposes to discontinue its weekly aluminium premium assessments for aluminium P1020A fob Singapore and aluminium P1020A fob Malaysia.

The proposal is based on market feedback that these markets see limited liquidity on an fob basis, with some sources noting that market participants in this region use premiums on an fca basis or in-warehouse warrants instead as a pricing reference.

Subject to a market consultation, Fastmarkets intends to discontinue the following premiums:
Aluminium premium P1020A, fob Singapore
Aluminium premium P1020A, fob Malaysia

Fastmarkets will continue to publish aluminium premium assessments cif main Japanese ports, cif main Korean portsfca South Korea as well as warrants in-warehouse Southeast Asia, East Asia and the United States.

The consultation period for the discontinuation of these two fob premiums will end one month from the date of this pricing notice on Monday February 5 with changes taking place, subject to market feedback, from Tuesday February 12.

To provide feedback on this proposal or if you would like to provide price information by becoming a data submitter to other aluminium premiums in Asia, please contact Ellie Wang by email at pricing@fastmarkets.com. Please add the subject heading FAO: Ellie Wang re: Aluminium Singapore/Malaysia premiums.
To see all Fastmarkets’ pricing methodology and specification documents go to https://www.metalbulletin.com/prices/pricing-methodology.html

What to read next
Fastmarkets has corrected its AG-SYB-0078 Crush Margin China Soy (Brazil) M1 Yuan/mt; AG-SYB-0079 Crush Margin China Soy (US Gulf) M1 Yuan/mt; and AG-SYB-0082 Crush Margin US Soy M1 c$/bu for the period between December 2-13, 2024, which were published incorrectly due to a procedure lapse error. Fastmarkets has also corrected its AG-SYB-0078 Crush Margin China Soy (Brazil) M1 Yuan/mt and AG-SYB-0079 Crush Margin China Soy (US Gulf) M1 Yuan/mt for November 20 and November 29, 2024, which were published incorrectly due to a typo.
Fastmarkets has corrected its MB-AL-0350 aluminium ingot ADC 12, exw dp China assessment, which was published incorrectly on Tuesday December 24, 2024.
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 January 1.
Fastmarkets will publish 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 at 12:00pm Central time on Tuesday December 31 due to the early closure of the Chicago Mercantile Exchange (CME) ahead of the New Year holiday.
Fastmarkets has discontinued its MB-GER-0001 germanium dioxide, in-whs China, $ per kg price assessment after its last publication on Friday December 27.
Fastmarkets proposes to discontinue its MB-RUT-0003 Rutile 95% TiO2 min, bulk, cif China price assessment.