PRICING NOTICE: Discontinuation of aluminium extrusion, FRP margins, CPC price

Fastmarkets has discontinued seven price assessments, comprising aluminium extrusion and flat-rolled product conversion margins, plus calcined petcoke (CPC).

The prices that have been discontinued are:
Aluminium 6063 Extrusion conversion margin, exw Germany, $ per tonne - MB-AL-0359
Aluminium 6063 Extrusion conversion margin, exw US Midwest, cents per lb - MB-AL-0360
Aluminium FRP 1050 sheet conversion margin, exw Germany, $ per tonne - MB-AL-0361
Aluminium FRP 5000 sheet conversion margin, exw China, $ per tonne - MB-AL-0363
Aluminium FRP 5052 sheet conversion margin, exw US, cents per lb - MB-AL-0362
Calcined Pet Coke, aluminium anode grade, fob China, $ per tonne - MB-AL-0358
Calcined Pet Coke, aluminium anode grade, fob US Gulf Coast, $ per tonne - MB-AL-0357
This follows a month-long market consultation that started on April 22.
The majority of feedback received by Fastmarkets during the consultation period indicated agreement with discontinuation of these prices.
Over the past year, liquidity has been low in these sectors, and market participants have told Fastmarkets that these markets are currently not priced on a spot basis but through long-term contracts. Fastmarkets will continue to monitor these markets.
The last assessments were published on May 7 and no further assessments will be made.
All historical data relating to these prices prior to their suspension will remain available in the pricing section of the Fastmarkets website.
If you are affected by this price discontinuation, please contact pricing@fastmarkets.com. Please add the subject heading ‘FAO: Alice Mason/Justin Yang, re: CPC, FRP and extrusion prices.’
To see all Fastmarkets’ pricing methodology and specification documents, go to: https://www.fastmarkets.com/about-us/methodology.
 

Alice Mason

alice.mason@fastmarkets.com

Published

Alice Mason

May 22, 2020

11:43 GMT

London