PRICING NOTICE: Proposal to amend frequency of two soda ash prices

By IM Staff
Published: Thursday, 02 April 2020

Fastmarkets is proposing to amend the frequency to two of its soda ash prices.

Initial market feedback suggests an amendment to the frequency of the publication for these price assessments would better reflect the industry standard for soda ash market.

Therefore, Fastmarkets proposes to move its soda ash, synthetic, dense and light, exw India and soda ash, synthetic, dense and light, fob China assessments to monthly from weekly. 

The current specifications are as follows:

MB-SOA-0009 - soda ash, synthetic, dense and light, exw India, $/tonne
Quality: white salt, NaCO3
Quantity: no minimum
Location: ex-works India
Timing: spot
Unit: $/tonne
Payment terms: N/A
Publication: Weekly, every Thursday by 4pm UK time

MB-SOA-0007 - soda ash, synthetic, dense and light, fob China, $/tonne
Quality: white salt, NaCO3
Quantity: no minimum
Location: fob China
Timing: spot
Unit: $/tonne
Payment terms: N/A
Publication: Weekly, every Thursday by 4pm UK time

No further changes are proposed to the specifications for the two prices or Fastmarkets' other four soda ash prices at this time.

The amendment will take place, subject to market feedback, on Monday 4 May.

To provide feedback on this proposal 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: soda ash prices. 

To see all Fastmarkets’ pricing methodology and specification documents go to https://www.fastmarkets.com/ about-us/methodology



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