PIX Bioenergy and Wood Service
Wood-based bioenergy makes up a vital part of the Finnish, Swedish and wider Nordic energy palette. As the world moves toward sustainability through renewable energy and increased use of wood, we are eager to deliver a more robust service to include the growing interest in wood-based products for the move toward a low-carbon economy and a solution to climate change.
The Finnish wood bioenergy market is growing and a reduction in the use of coal and peat is expected to further increase future demand. Prices of Finnish forest bioenergy have increased, with our sub-index for Finnish forest residues rising by over 10% in 2019-2021, for example. The international sawn timber market boomed in 2021 despite the pandemic, and Finnish export volumes increased by about 35% during the first three quarters compared to pre-pandemic levels. Finnish sawn timber export prices rose to record-high levels, but after the most heated moment the prices have come down, as tracked by our sawn softwood indices.
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What we cover:
- PIX Forest Biomass Finland indices – Finnish solid wood-based biomass for energy
- PIX Sawn Timber Finland indices – Finnish export prices for pine and spruce lumber
Our indices are calculated from prices of actual trades.
5 ways you can use Fastmarkets PIX Bioenergy and Wood Service:
- Basis for a price formation directly with a customer/supplier
- Basis for internal raw material pricing/invoicing between profit centers (e.g. from sawmill to pellet mill)
- Hedging - through an exchange or bank/other financial institution - product or raw material price risk against a reliable index
- Market research
- As a useful reference tool, based on industry information. A transparent and objective source of up-to-date market information
