Proposal to amend name of nickel ore 1.8% basis 15-20% Fe water content: 30-35% Si:Mg ratio

The identify of the worth MB-NIO-0001 shall be shortened to nickel ore with 1.8% nickel content material, cif China, in a transfer to reinforce its readability and in step with different Fastmarkets nickel ore costs.

The change to the identify of the worth won’t have an effect on historic knowledge and won’t change the specs. Specs contained within the outdated identify can nonetheless be present in Fastmarkets pricing specs and methodology.

The proposed modification is as follows in italics:

MB-NIO-0001 Nickel ore with 1.8% nickel content material, cif China, $/tonne
https://dashboard.fastmarkets.com/p/MB-NIO-0001
High quality: 1.8% Ni, 15-20% Fe, Water content material 30-35%, Si:Mg ratio <2
Amount: 50,000 tonnes
Location: cif China
Unit: USD per tonne
Cost phrases: Letter of Credit score
Publication: Weekly. Friday 2-3pm London time

This worth is part of the Fastmarkets base metals bundle.

The session interval for the proposal will begin on Friday December 27 and finish on Friday January 24, with the modification, topic to suggestions, taking impact from Friday January 31.

To offer suggestions on this 1.8% nickel ore worth or if you want to supply worth info by changing into an information submitter to this worth, please contact Dylan Duan and Laura Li by e-mail at: [email protected]. Please add the topic heading “FAO: Dylan Duan and Laura Li re: nickel ore with 1.8% nickel content material, cif China.”

Please point out if feedback are confidential. Fastmarkets will take into account all feedback obtained and can make feedback not marked as confidential obtainable upon request.

To see all Fastmarkets pricing methodology and specification paperwork, go to https://www.fastmarkets.com/methodology.