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

Jun 19, 2018

Market Comments

PIX Woodchip Global

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Woodchip Market – The USD strengthened against both the Japanese Yen and the Euro, giving a downward impact on the prices. Based on April values, the PIX Hardwood Chip Global benchmark moved again slightly down, by 60 US cents, or by 0.35%, and closed at 171.33 USD/ton. Boosted by a significant price rise in some major trade flows, the PIX Softwood Chip Global index went up by 10.10 dollars, or by 6.20%, reaching 173.10 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).