PRICING NOTICE: Proposal to refine specifications of soda ash prices

By Michael Greenfield, Michael Greenfield
Published: Friday, 27 July 2018

Industrial Minerals proposes changes to the specifications of four soda ash prices.

Following a previous consultation on soda ash prices, Industrial Minerals established that the below prices could be refined to ensure they are capturing the relative value of soda ash products in the market. 

Industrial Minerals is now opening a consultation based on the below refinements to existing soda ash prices.

Current specification
Price: Soda ash, synthetic, dense and light, small parcels, list price, ex-works Europe, €/tonne
Currency & Unit: € per tonne
Location: Europe
Basis: ex-works
Price type: Assessment
Frequency: Weekly
Form: Powder
Publication frequency: Weekly, Thursday between 3pm and 4pm London time

Revised specification
Price: Soda ash, natural & synthetic, dense & light, spot, ex-works Europe, €/tonne
Currency & Unit: € per tonne
Location: Europe
Basis: ex-works
Price type: Assessment
Frequency: Weekly
Minimum lot size: 2,000 tonnes
Form: Powder
Publication frequency: Weekly, Thursday between 3pm and 4pm London time

Current specification
Price: Soda ash, European synthetic, dense & light, large contracts, ex-works, €/tonne
Currency & Unit: € per tonne
Location: Europe
Basis: ex-works
Price type: Assessment
Frequency: Weekly
Form: Powder
Publication frequency: Weekly, Thursday between 3pm and 4pm London time.

Revised specification
Price: Soda ash, natural & synthetic, dense & light, large contracts, ex-works Europe, €/tonne
Currency & Unit: € per tonne
Location: Europe
Basis: ex-works
Price type: Assessment
Frequency: Monthly
Minimum lot size: 10,000
Form: Powder
Publication frequency: Last Thursday of the month between 3pm and 4pm London time.

Current specification
Price: Soda ash, natural, large contracts, fob Wyoming, USA, $/tonne
Currency & Unit: $ per tonne
Location: USA
Basis: FOB Wyoming
Price type: Assessment
Frequency: Weekly
Form: Powder
Publication frequency: Weekly, Thursday between 3pm and 4pm London time.

Revised specification
Price: Soda ash, natural, large contracts, fob Wyoming, USA, $/tonne
Currency & Unit: $ per tonne
Location: USA
Basis: FOB Wyoming
Price type: Assessment
Frequency: Monthly
Form: Powder
Publication frequency: Last Thursday of the month between 3pm and 4pm London time.

Current specification
Price: Soda ash, US natural, dense, list price, fob Wyoming, USA, $/tonne
Currency & Unit: $ per tonne
Location: USA
Basis: FOB Wyoming
Price type: Assessment
Frequency: Weekly
Form: Powder
Publication frequency: Weekly, Thursday between 3pm and 4pm London time.

Revised specification
Price: Soda ash, natural, spot, fob Wyoming, USA, $/tonne
Currency & Unit: $ per tonne
Location: USA
Basis: FOB Wyoming
Price type: Assessment
Frequency: Weekly
Form: Powder
Publication frequency: Weekly, Thursday between 3pm and 4pm London time

The consultation period for this proposal will end one month from the date of this pricing notice, on August 27, 2018, with changes taking place from August 28, 2018.

To provide feedback on the amendments outlined above, or if you would like to provide price information by becoming a data submitter, please contact us by email at pricing@indmin.com. Please add the subject heading "FAO: Michael Greenfield, re: soda ash prices".

To see all Industrial Minerals’ pricing methodology and specification documents, go to http://www.indmin.com/Methodology.html



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