Metals methodology

Find out how we assess and forecast prices for the global metals market

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Metals pricing notices

The launch of the price assessment is to meet market demand for price transparency along the lithium battery electrolyte supply chain. The specifications are as follows:​MB-FLU-0023 Lithium hexafluorophosphate(LiPF6), battery grade, ≥99.9%, $/tonneQuality: Cl ≤ 5 ppm, NO3 ≤ 5 ppm, SO4 ≤ 20 ppm, Na ≤ 5 ppm, K ≤ 5 ppm, Cu ≤ 2 […]

The initial consultation, which started on February 26, received mixed views on the trading quantities of the material as nickel matte output has been on a downtrend in the recent month, leading to slower spot liquidity. To properly to price a material with slowing liquidity, Fastmarkets has decided to extend the consultation period of the proposal […]

After a consultation period [LINK], Fastmarkets is launching the two price assessments for nickel warrant premiums for the European market to create separate assessments for briquette and full-plate nickel warrants in Northern Europe to better reflect the market. The specifications for the new premium assessments are as follows: MB-NI-0258 Nickel min 99.8% briquette warrant premium, in-whs […]

These new prices will complement Fastmarkets’ already-extensive range of global aluminium scrap prices. The Southeast Asian markets are important importers of material from the US, the UK and Europe, for which Fastmarkets already publishes benchmark prices. Alongside import prices for India launched in 2024, these new assessments will provide valuable insight into the international markets […]

There was a typographical error with the figure for the top end of the range being incorrect in the first line of the rationale. This read: “Fastmarkets’ price assessment for cobalt standard grade, in-whs Rotterdam, was $15.10-16.00 per lb on Monday March 24, widening down from $15.70-16.50 per lb in the previous session.” The correct version […]

This consultation, which is open until April 24, 2025, seeks 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 […]

Fastmarkets Benchmark Administration Oy (FBA) was incorporated in December 2020 to operate as the independent administrator of benchmarks published by price reporting agency (PRA) Fastmarkets and subject to the European Benchmarks Regulation (BMR). It is headquartered in Helsinki, Finland, and supervised by the Finnish Financial Supervisory Authority (FIN-FSA).

If you have questions about our pricing process, contact our pricing team.

Disclaimer

This Disclaimer is in addition to our Terms and Conditions as available on our website and shall not supersede or otherwise affect these Terms and Conditions. Prices and other information contained in this publication have been obtained by us from various sources believed to be reliable. This information has not been independently verified by us. Those prices and price indices that are evaluated or calculated by us represent an approximate evaluation of current levels based upon dealings (if any) that may have been disclosed prior to publication to us. Such prices are collated through regular contact with producers, traders, dealers, brokers and purchasers although not all market segments may be contacted prior to the evaluation, calculation, or publication of any specific price or index. Actual transaction prices will reflect quantities, grades and qualities, credit terms, and many other parameters. The prices are in no sense comparable to the quoted prices of commodities in which a formal futures market exists.

Evaluations or calculations of prices and price indices by us are based upon certain market assumptions and evaluation methodologies, and may not conform to prices or information available from third parties. There may be errors or defects in such assumptions or methodologies that cause resultant evaluations to be inappropriate for use. Your use or reliance on any prices or other information published by us is at your sole risk. Neither we nor any of our providers of information make any representations or warranties, express or implied as to the accuracy, completeness or reliability of any advice, opinion, statement or other information forming any part of the published information or its fitness or suitability for a particular purpose or use. Neither we, nor any of our officers, employees or representatives shall be liable to any person for any losses or damages incurred, suffered or arising as a result of use or reliance on the prices or other information contained in this publication, howsoever arising, including but not limited to any direct, indirect, consequential, punitive, incidental, special or similar damage, losses or expenses.

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