Platts to discontinue copper C&F China (All-in), copper C&F China Spot Yuan/mt (All-in) assessments

S&P Global Platts has discontinued its auto-calculated Copper C&F China $/mt All-in price (MMAMJ00) and its conversion into Yuan/mt (MMCSC00), along with all other symbols related to these prices, effective April 1, 2021.

Platts first proposed this discontinuation on Dec. 2, 2020, as part of a move to rationalize the calculated all-in prices and amend the underlying methodology for these numbers.

Platts will continue to publish the Copper C&F China $/mt Fixed Price Equivalent All-in price (MMCUC00) and its averages. This price would be published as a single number and would represent a sum of the assessed premium and the most up-to-date value of the base future (month of assessment plus one). This price was previously published as a low-high range and is calculated as a sum of the assessed premium and the previous day's futures cash settlement.

With these changes, the following assessment codes will be affected:

Assessment

Code

Monthly Average

Weekly Average

Change

Copper C&F China (All-in) mt

MMAMJ00

MMAMJ04

Discontinued

Copper C&F China Spot Yuan/mt (All-in)

MMCSC00

MMCSC03

Discontinued

Copper C&F China Fixed Price Equivalent (All-in)

MMCUC00

MMCUC03

Published as a single number from high-low range previously

The affected assessments are published on Platts Nonferrous Metals Alert fixed page MTL0106 and MTL0419 in Platts Metals Daily, on the Platts Market Center.

Please send all comments, feedback and questions to platts_asia_copper@spglobal.com and pricegroup@spglobal.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.