The increased frequency will allow Fastmarkets to reflect market changes in a more timely fashion.
The amended price specifications are as follows, with changes highlighted in bold:
MB-SI-0003: Silicon metal
Quality: Silicon 98.50%, iron 0.50%, aluminium 0.50%, calcium 0.30%
Unit: US cents per lb
Quantity: 20 tons
Publication: Weekly, Thursday, 4-5pm New York time
The first date of assessment under the new frequency will be Thursday March 26. The price will be published on a weekly basis every Thursday between 4pm and 5pm New York time.
To provide feedback on this change or if you would like to provide price information by becoming a data submitter, please contact Orla O’Sullivan by email at email@example.com. Please add the subject heading: FAO: Orla O’Sullivan re: US silicon metal.
To see all of Fastmarkets' pricing methodology and specification documents, click here.