PRICING NOTICE: Standardization of Fastmarkets’ price names
Published: Friday, 21 June 2019
Fastmarkets has standardized the names of our metals and minerals prices across our product suite for ease of use and greater transparency.
The aim of this exercise is to make it
as easy as possible for our licensed users to identify and use
our pricing data.
As of two weeks from the date of this notice, all Fastmarkets
price names will follow this structure, where possible:
commodity + product/grade + incoterm + location + currency +
unit of measure.
Please click here for to see our revised lists of
standardized price names ahead of their implementation on July
If you cannot find what you are looking for, please contact our
customer success team today via email: firstname.lastname@example.org
or tel: +44 (0)20 7779 8787 (EMEA), +65 64 221
478 (Asia) and +1 312 366 2542
If you use any of our prices in your contracts, please update
the name to the new name at your earliest convenience. Please
direct any counterparties with queries either to the page above
or our customer success team.
Although Fastmarkets has made changes to the description of the
price in the name, the methodology for the discovery of each
price remains the same.
We will, however, update our price methodology documents to
reflect the standardized price names.
To see all Fastmarkets’ pricing methodology and
specification documents, please go to https://www.fastmarkets.com/about-us/methodology.
If you would like to provide price information by becoming a
data submitter to this any of Fastmarkets’ prices,
please contact our price reporting team by email at