PRICING NOTICE: Proposal to discontinue fused magnesia fob Europe price

By William Clarke
Published: Tuesday, 16 April 2019

Fastmarkets IM proposes to discontinue the assessment for fused magnesia, fob Europe, $/tonne.

Following  initial consultations with the market, Fastmarkets proposes that its fused magnesia fob Europe price should be discontinued due the small number of fused magnesia producers in Europe. 

It is proposed that this price will be replaced with prices for fused magnesia cif Europe, to capture increased liquidity by including imported material. Click here for details on this proposal.

The consultation period for this price discontinuation will end on May 16, with changes taking place from May 17, subject to market feedback.

To provide feedback on this price or if you would like to provide price information by becoming a data submitter to this price, please contact William Clarke by email at: pricing@indmin.com. Please add the subject heading FAO: William Clarke, re: magnesia.

To see all Fastmarkets’ pricing methodology and specification documents go to https://www.indmin.com/Methodology.html



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