Categories: CoverageNotes
      Date: Jun 16, 2021
     Title: PRICING NOTICE: Open consultation on Fastmarkets FOEX methodology for PIX Forest Biomass Finland - Final Decision

PRICING NOTICE: Open consultation on FOEX methodology for PIX Forest Biomass Finland Price Indices – Final Decision



HELSINKI, June 16, 2021 (PIX Bioenergy and Wood Indices) - Fastmarkets FOEX invited feedback from the industry in an open consultation process between May 14 and June 11, 2021 on the pricing methodology for its PIX Forest Biomass Finland indices. The consultation was done as part of our annual methodology review process.

Fastmarkets FOEX would like to thank for the feedback received during the consultation period. It was fully supportive to our current methodology and to the proposal of changing from Statistics Finland’s Fuel classification 2019 to its Fuel Classification 2021, as follows:

To summarize, this open consultation does not lead to material changes in the current methodology. A newly dated methodology document with the updated classification is now available on foex.fi.