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About Commodity Insights
03 Nov 2015 | 04:13 UTC — Singapore
Following a period of industry feedback, Platts will discontinue its weekly domestic price assessment published only in the SBB price analyzer; Raw Materials / Ferro-chrome high carbon, 50% basis Cr / China domestic Del. Mill, incl. 17% VAT, RMB/t (SB01104) by December 31, 2015.
As Platts has reported, Chinese domestic pricing for ferrochrome is dominated by term contracts and Platts has determined that the assessments of import values will better reflect spot pricing at the margin as a result.
Market participants have provided feedback that a spot price assessment is not as representative of the market as are import prices.
In response, Platts will focus its Chinese ferrochrome market reporting on its existing weekly CIF China price assessments of Charge Chrome and High Carbon Chrome series, published in SBB price analyzer, Metals Daily and on Platts Metals Alert.
The final values for the domestic China ferrochrome price will be published on December 30, 2015.
Any further questions and feedback should be directed to yuencheng.mok@platts.com and pricegroup@platts.com.
For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.