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Price notice: Updates to Nymex, CME prices

Mar 26, 2020 | 04:30 PM | New York | Thorsten Schier

Tags  Nymex, CME, busheling, hot-rolled coil, HRC, busheling contract, HRC contract


Fastmarkets is proposing to rename some New York Mercantile Exchange and CME Group prices and delist others to better serve customers.

The following prices are proposed to be renamed:

The proposed revised price names are as follows:
  • CME Midwest No1 busheling 1st active, $/gross ton
  • CME Midwest No1 busheling 2nd active, $/gross ton
  • CME Midwest No1 busheling 3rd active, $/gross ton
  • CME Midwest No1 busheling 4th active, $/gross ton
The following prices are proposed to be delisted from Fastmarkets AMM's Price Tracker and daily newsletter: 
This data can still be accessed via CME’s website.

The consultation for this proposal will run from Wednesday March 18 until April 15, with changes - subject to market feedback - effective from April 20. 

To provide feedback on these prices, or if you would like to provide price information by becoming a data submitter to Fastmarkets’ prices, please contact Thorsten Schier by email at pricing@fastmarkets.com. Please add the subject heading: FAO: Thorsten Schier, re: exchange prices.

To see all of Fastmarkets’ pricing methodology and specification documents, click here.


 

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