Pricing & Risk Unit
The Pricing & Risk unit was recently formed as a distinctly separate unit from the rest of HARBOR Aluminum in order to develop and promote impartial transparent transaction-based benchmark prices and risk management services.
This was done intentionally to ensure the complete separation of and to remove any possible conflicts of interest between the unit’s benchmark pricing, and all other HARBOR units, specifically the Forecasting and the Research & Intelligence units.
Mission Statement
To provide fair, accurate, and transparent transactional based benchmark prices, under the strictest technical scrutiny to the entire global aluminum market.
Corporate Independency
Independent Unit
The Harbor Aluminum Pricing & Risk Management Unit was formed in 2021 as a distinctly separate unit from the rest of HARBOR.
No Conflicts of Interest
This was done intentionally to ensure the complete separation of and to remove any possible conflicts of interest between the unit’s benchmark pricing, and all other HARBOR units, specifically the Forecasting and the Research & Intelligence units
Creation of Pricing Committee
To promote accurate, fair and transparent price assessments we have established a Pricing Committee with the sole purpose of analyzing and assessing the market for physical transactions and price movements. The pricing committee is comprised of industry experts with an average industry track record of more than 10 years.
Creation of Index Oversight Committee
We have also established a separate Index Oversight Committee, to govern and assess the thoroughness and accuracy of which the Price Committee is following the methodology and assessment of the market. This committee is comprised of industry experts with more than 10 years of experience on both the consumer and supplier sides of the market.
Representative, Fair, Accurate, Timely & Transparent
The Harbor Pricing unit evolved from the simple idea that Representative Benchmark prices should be as Fair, Accurate, Timely and Transparent as exchange traded contracts, the market deserves no less. We put in the extra time and work scouring the globe for actual transactions that are confirmed and representative of the actual underlying market, never using Bids and Offers as a proxy of a transaction.
HARBOR Aluminum - Pricing Unit
8601 Ranch Road 2222, Bldg. 1, Ste. 280, Austin, TX, 78730 USA
pricing@askharbor.com
North America: +1 (512) 640-4363
LATAM: +52 (81) 8363-8356