Fastmarkets is a London-based commodity intelligence firm providing independent price benchmarks, forecasts and analytics for metals, battery raw materials, agriculture and energy transition markets to support trading, procurement and sustainability planning.
Fastmarkets, founded in 1882 and headquartered in London, UK, is a cross-commodity price reporting agency providing price data, forecasts, news, analytics, events, and consulting. Led by CEO Raju Daswani, the company aggregates benchmark prices and market intelligence across agriculture, metals, battery raw materials, forest products, carbon and energy transition markets. Fastmarkets’ mission is to improve market transparency and support sustainable investment and supply‑demand balance by delivering impartial price benchmarks and actionable analysis to producers, manufacturers, traders, investors and policymakers.
Fastmarkets operates a data and analytics platform that produces independent price benchmarks, supply‑demand models, long‑ and short‑term forecasts, and thematic indices for commodities including lithium, cobalt, nickel, graphite and copper. Its processes combine reporter-sourced transaction data, exchange references and proprietary methodology to produce market-reflective prices and volatility analysis. Supporting technologies include API delivery, Excel Add‑ins, mobile apps and an interactive gigafactory map. Outcomes include improved contract negotiation, risk management and supply chain visibility; the transparency it provides supports sustainable procurement and circular-economy planning for battery materials.
Fastmarkets offers subscription price data (over 5,500 assessed prices), news and analyst coverage from 200+ reporters, forecasting and market analysis, events and conferences, risk-management tools, consultancy services, and platform access via dashboard, API, Excel Add‑in and mobile apps. Primary applications serve raw material producers, battery and cell manufacturers, automakers, recyclers, traders, and energy storage project developers.
Fastmarkets has been owned by private equity firm Astorg since November 2022 via Lithium Hangar Holdco Limited. Astorg manages multi‑billion euro assets. Fastmarkets reported roughly USD 54 million revenue in 2023 and an EBITDA loss around USD 20.9 million; strategic priorities include product expansion and geographic growth, particularly across Asia‑Pacific and Europe.
