Fastmarkets selects the frequency of publication of a market assessment after considering the number of data points (deals, bids, offers, deals heard and assessments) that it can reasonably expect to collect on a consistent basis over the selected period to support the price assessment process.
This proposal follows preliminary discussions with the market as well as internal meetings to review relevant Fastmarkets’ data, which suggest lower spot liquidity, price volatility, and data usage recently.
The proposed new specifications are listed below, with the proposed amendment of price frequency in italics:
MB-SB-0003 Antimony MMTA standard grade II, ddp China, yuan/tonne
Quality: Ingot. MMTA standard Grade II. Sb 99.65% min, As 0.1% max, Pb 0.2% max, Se 0.002% max, Cd 0.002% max, Sn 0.005% max, Te 0.005% max, Bi 0.01% max, Cu 0.02% max, Fe 0.02% max
Quantity: 1 tonne
Location: Delivered duty paid China
Unit: CNY/tonne
Payment terms: Cash
Publication: Monthly, last Friday of the month 2-3pm London time
The price is a part of the Fastmarkets’ minor metals package.
The consultation period for this proposed amendment starts from Tuesday April 8 and will end on Thursday May 8. The amendment will then take place, subject to market feedback, with the first assessment on a monthly frequency on Friday May 30.
To provide feedback on this price or if you would like to provide price information by becoming a data submitter to this price, please contact Nico Zhang by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Nico Zhang, re: Antimony ddp China price.”
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.
