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.

Nov 20, 2018

Market Comments

PIX Woodchip Global

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Woodchip Market – Both the Japanese Yen and the Euro weakened slightly against the USD causing minor downward pressure on the indices. The Yen-USD rate impacts more on the HW side. Based on September values, the PIX Hardwood Chip Global benchmark moved up by 26 US cents, or by 0.15%, and closed at 176.67 USD/ton. The PIX Softwood Chip Global index headed also up, by 81 US cents, or by 0.42%, ending at 195.51 USD/ton.

The PIX woodchip indices, one for softwood chips and 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).