PRICING NOTICE: Discontinuation of andalusite fob South Africa price assessment
Published: Wednesday, 10 March 2021
Fastmarkets will discontinue the publication of the andalusite fob South Africa price assessment with effect from Thursday March 11.
The price assessment being discontinued is the
MB-AND-0001 Andalusite, min 57% Al2O3, fob
South Africa, € per tonne
Quality: 0-4mm, min 57%
Al2O3, packed in bulk, 1 tonne big bags or 25kg bags
Quantity: Min 1,000
Location: fob South
Unit: € per
last Thursday of the months of February, May, August and
November, 4pm London time.
After a one-month consultation period, Fastmarkets
has decided to discontinue the fob South Africa assessment
because it understands that liquidity and trading patterns are
more consolidated and concentrated on the corresponding cif
Feedback from market participants suggested that the
industry would be better served by a single,
delivered-to-destination cif price rather than separate
assessments of origin (fob South Africa) and destination.
No change will be made to the other andalusite price,
which will be assessed as normal. The next such andalusite
price assessment will be published on May 27.
If you have any comments on the discontinuation of
this price, please contact Davide Ghilotti by email at: email@example.com.
Please add the subject heading 'FAO: Davide Ghilotti, re:
To see all Fastmarkets’ pricing
methodology and specification documents, go to https://www.fastmarkets.com/about-us/methodology.