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Amendment to frequency of Italy SHG zinc premium assessments

From fastmarkets.com

The frequency of the assessments, which are currently weekly, will move to a fortnightly basis after the next assessment date on June 15. The change is due to the Italian zinc market being largely centered around long-term contracts. Fastmarkets feels that a better assessment of the spot market can be made if taking trade data provided over a fortnightly time frame into account rather than on a weekly basis. Italy is also a production center for SHG zinc, which increases the number of long-term Italian contracts for zinc. Following the amendment, the full specifications will be as follows: MB-ZN-0103 Zinc SHG min ... (full story)

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  • Category: Fundamental Analysis