PRICING NOTICE: Proposal to launch new monthly frac sand prices

By William Clarke
Published: Friday, 21 December 2018

Fastmarkets IM proposes to launch three new frac sand prices.

  • Northern white frac sand, 30/50 mesh, API, EXW Wisconsin, $/short ton
  • Northern white frac sand, 40/70 mesh, API, EXW Wisconsin, $/short ton
  • Northern white frac sand, 100 mesh, API, EXW Wisconsin, $/short ton

These prices are being proposed in response to market demand for a greater range of mesh sizes for Fastmarkets IM’s frac sand assessment.

Fastmarkets IM launched its first frac sand price in September 2018. This price, for Northern white frac sand, 20/40 mesh, API, EXW Wisconsin, $/short ton, was well received but feedback suggested that this grade only covered a small portion of the North American frac sand market.

By including a wider range of mesh size, Fastmarkets IM will be better placed to represent the whole of the market for Northern white frac sand.

The new prices will be assessed monthly on the third Thursday of each month.

The consultation period for these proposed launches will end on January 31, with changes taking place from February 1. Fastmarkets IM will, however, seek pricing inputs from the market for all three prices from Thursday January 17 in anticipation of providing the first price assessments for them on Thursday February 21. This assumes that there are no changes to the proposed prices or to the consultation period.

To provide feedback on these prices, or if you would like to provide price information by becoming a data submitter to these prices, please contact William Clarke by email at: pricing@fastmarkets.com. Please add the subject heading FAO: William Clarke, re: Northern white frac sand prices.

To see all Fastmarkets pricing methodology and specification documents go to  https://www.metalbulletin.com/prices/pricing-methodology.html



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