Fastmarkets proposes to amend the frequency of its MB-TI-0009 Titanium dioxide pigment, sulfate grade, fob China, price assessment from weekly to fortnightly to reflect insufficient liquidity in the market to support weekly assessments.
The proposed new specifications are laid out below with amendments in italics:
MB-TI-0009 Titanium dioxide pigment, sulfate grade, fob China, $ per tonne
Quality: Sulfate grade
Quantity: Min 20 tonnes
Location: fob China
Timing: Spot
Unit: $ per tonne
Payment terms: 30 days
Publication: Fortnightly. Thursday, 4pm London time
This price is part of the Fastmarkets Industrial Minerals price package.
The consultation period for this proposed amendment starts from March 4 and will end on April 1. The first fortnightly assessment will then take place, subject to market feedback, on April 3.
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 Jon Stibbs by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Jon Stibbs, re: titanium dioxide.”
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.