Sources & Methodology
Every figure traceable to the page it came from.
A model is only as good as its inputs. Every reference number in every Veinlytics calculator — a benchmark TC, a payable curve, an Incoterm obligation — links to the primary document or the market report it was drawn from. If we can't cite it, we don't ship it.
Primary
Exchange settlements, filed contracts, regulatory documents. Authoritative and unchallenged.
Market reporting
Price-reporting agencies with published methodologies. Assessed, not observed — noted as such.
Framework
Rulebooks and standards — Incoterms, LME rulebook, exchange contract specs.
Source organisations
Fastmarkets
Market reporting
TC/RC benchmarks, cobalt hydroxide payables, MB standard-grade cobalt reference.
SMM (Shanghai Metals Market)
Market reporting
Chinese domestic concentrate premia, imported cobalt intermediates pricing.
LME
Primary
Cash and 3M copper settlements, warehouse stock data, forward curve constituents.
CME Group
Primary
COMEX HG copper futures, options settlements, term-structure references.
ICC
Framework
Incoterms 2020 rules — risk transfer, cost split, insurance obligations.
Public offtake filings
Primary
Excerpts from filed offtake agreements — payable curves, QP conventions, arbitration clauses.
Methodology note
Every input carries a citation: the source, and — for market-reported figures — the assessment window. When a reference changes materially, the calculator is updated, and subscribers see the change automatically.