What is FOEX Indexes?

FOEX Indexes Ltd is an independent company providing audited, trade-mark registered pulp, paper, recovered paper and wood based biomass price indices.

Using PIX commercially Read More Terms of commerial use
Sep 19, 2017

Market Comments

PIX Biomass - Woodchip Global

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Woodchip Market – Within the monthly average exchange rate values used in the index calculation, the Japanese Yen weakened by 1.4% against the US dollar, while the Euro value strengthened about 2.5%. The EUR-USD rate impacts mainly the SW side, while Yen is used in both HW and SW index calculations. Based on July values, the PIX Hardwood Chip Global benchmark increased by 14 US cents, or by 0.09%, and closed at 164.64 USD/ton. The PIX Softwood Chip Global index showed also an increase, going up by 57 US cents, or 0.37%, and landing at 154.94 USD/ton.

The PIX woodchip indexes, one for softwood chips and the other one for hardwood chips, cover international overseas trade of wood chips destined to be used by the pulp and paper or panel industries. Prices are obtained from three sources: a) monthly prices received directly from buyers and sellers of wood chips b) monthly prices from public sources (customs statistics) and c) quarterly (or monthly) data received from WRI (Wood Resources International) who have been co-operating with FOEX in developing these indexes. Additional data providers are welcome. For more information, kindly contact us at Tuomo@foex.fi or info@foex.fi or by phone (see contact details on www.foex.fi).