PIX Methodologies & Policies
This section includes documents outlining the PIX index methodologies for the PIX Pulp Europe and China indices, as well as PIX Recovered Paper Europe Indices – which to feasible parts will be made applicable to other PIX price indices. This page also includes a set of FOEX policy documents which stipulate defined procedures supporting compliance to the IOSCO Principles for Price Reporting Agencies. (IOSCO - International Organization of Securities Commissions: www.iosco.org).
PIX PULP EUROPE METHODOLOGY AND SPECIFICATIONS
PIX PULP CHINA METHODOLOGY AND SPECIFICATIONS
PIX RECOVERED PAPER EUROPE METHODOLOGY AND SPECIFICATIONS
FOEX/RISI CONFIDENTIAL CONTRIBUTED DATA PROTECTION PROTOCOL
FOEX – CONFLICT OF INTEREST POLICY
FOEX has adapted IOSCO’s Principles for Oil Price Reporting Agencies (the “PRA Principles”) to the forest products market and incorporated them into its price discovery processes. As part of this process, we will carry out an independent external audit of one PIX index methodology each year. Starting in 2018, FOEX will also introduce a new Data Submitter policy to replace formal audits of price providers.
Coverage Notes
Coverage Notes are notifications of changes to price coverage, methodology and index specifications as well as introductions of new PIX indices.
4.2 and 4.2.1 revised to reflect the new Data Submitter Policy (DSP) document replacing formal audits of the price data providers
4.2.2 Added sentence about auditing of FOEX calculation procedure and methodology
4.2.3 Auditing - (of price data providers) section has been deleted
6.2. Weighting - section has been shortened
PIX Recovered Paper Europe Indices - Starting from April 1, 2018, FOEX launches new PIX RECOVERED PAPER EUROPE METHODOLOGY AND SPECIFICATIONS
Changes to PIX China Indexes - This coverage note confirms that FOEX will cease publishing the old PIX Pulp China indices from January 2018 onwards and continue only with the PIX Pulp China Net Indexes for NBSKP and BHKP.
PIX Pulp China Net Indices – Starting on April 4, 2017, FOEX will begin publishing new weekly net price indices for NBSK and BHKP in China. The previous PIX Pulp China price indices will continue to be published in the weekly email to subscribers alongside the new PIX Pulp China net price indices until further notice and likewise in the online weekly report “PIX Pulp China letter”. More information about new net price indices available at PIX PULP CHINA METHODOLOGY AND SPECIFICATIONS
