PRICING NOTICE: Extension of consultation period on proposal to discontinue fluorspar price

By IM Staff
Published: Tuesday, 16 April 2019

Fastmarkets IM has decided to extend the consultation period on its proposal to discontinue the US fluorspar price again.

On February 15, Fastmarkets IM had proposed to discontinue the fluorspar price for the following grade:

Acidspar, 97% CaF2, wet filtercake, cif, US Gulf Port, USA, $ per tonne

During the first consultation period, which ended on March 15, Fastmarkets IM received feedback from the market that indicates the need for further engagement on the proposal.

Fastmarkets IM then rolled over the consultation period for another month that ended on April 15.

There has been fruitful engagement with market participants throughout the initial consultation periods, however, to ensure that all information is being taken into account before any potential changes are made to this assessed price Fastmarkets IM has decided to extend the consultation period again.

The extended consultation period will end two months from the date of this pricing notice on Monday June 17, with changes taking place from Tuesday June 18.

Fastmarkets IM remains committed to the fluorspar market and will continue to track its evolution and progress, providing appropriate pricing mechanisms where needed.

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 Michael Greenfield by email at: pricing@fastmarkets.com. Please add the subject heading FAO: Michael Greenfield re: fluorspar prices.

Please note that Fastmarkets IM reserves the right to refine these prices if sufficient market demand warrants such action.

To see all of Fastmarkets IM’s pricing methodology and specification documents, go to www.indmin.com/Methodology



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