What is Fastmarkets FOEX?

Fastmarkets FOEX is a leading Price Reporting Agency providing audited, trademark registered pulp, paper, recovered paper, wood-based bioenergy and timber price indices

Fastmarkets FOEX, Bioenergy and Wood Indices

Starting on Oct 1, 2021 the PIX Bioenergy and Wood Indices will no longer be freely available in this section of the website.  To receive the latest PIX values via email starting on Oct 12, 2021 please sign up for our free email service.

Currenttoggle

Dec 3, 2021

Office closure on December 6, 2021

Please note that our office is closed on Monday, December 6, 2021 due to a public holiday.

Dec 1, 2021

PRICING NOTICE: Discontinuing the PIX US Newsprint index – Open Consultation

HELSINKI, December 1, 2021 (PIX Pulp and Paper indices) - Fastmarkets FOEX is inviting feedback from the industry on the proposal to discontinue its PIX US Newsprint 27.65lb index.

This consultation, which is open until January 14, 2022, seeks to ensure that our proposal is handled in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.

Fastmarkets FOEX requests your comments and opinion (support/not support) on the following possible action: discontinuing the current PIX US Newsprint 27.65lb index by June 30, 2022.

Please send responses and comments in writing, preferably in electronic format, to the following address: pricing.foex@fastmarkets.com. Please add the subject heading "PIX US Newsprint”.

Please specify whether your response is confidential. Opinions offered in confidential responses may be referenced but will not be attributed in any way.

Fastmarkets will publish the outcome of this open consultation by January 28, 2022, on the Fastmarkets FOEX website under Pricing Notices, including a summary of the feedback with the exception of those marked as confidential.

Dec 1, 2021

PRICING NOTICE: Changes to Fastmarkets FOEX PIX US Pulp coverage - Open consultation

HELSINKI, December 1, 2021 (PIX Pulp and Paper indices) - Fastmarkets FOEX is inviting feedback from the industry on the proposal to launch a new Net index for the North American market, and to discontinue two existing PIX US NBSK pulp indices.

This consultation, which is open until January 14, 2022, seeks to ensure that our proposal is handled in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.

Fastmarkets FOEX requests your comments and opinion (support/not support) on the following possible actions:

a) developing a monthly NET index for PIX US NBSK pulp in the format (e.g.) 900 USD/metric ton.

b) discontinuing the current PIX US NBSK (gross) and PIX US NBSK Net Change indices by June 30, 2022.

Please send responses and comments in writing on each point a) and b) and other possible comments, preferably in electronic format, to the following address: pricing.foex@fastmarkets.com. Please add the subject heading "PIX US Pulp indices 2022”.

Please specify whether your response is confidential. Opinions offered in confidential responses may be referenced but will not be attributed in any way.

Fastmarkets will publish the outcome of this open consultation by January 28, 2022, on the Fastmarkets FOEX website under Pricing Notices, including a summary of the feedback with the exception of those marked as confidential.

Nov 25, 2021

PRICING NOTICE: PIX Pellet Nordic - Open Consultation

HELSINKI, November 25, 2021 (PIX Bioenergy and Wood Indices) - Fastmarkets FOEX is inviting feedback from the industry on the pricing methodologies for its PIX Pellet Nordic price index, as part of its annual methodology review process.

The open consultation, which is open until December 31, 2021, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.

Fastmarkets FOEX proposes no changes in the current index methodology or specifications. You can find these for PIX Pellet Nordic price index here.

Please send responses in writing, preferably in electronic format, to the following address: pricing.foex@fastmarkets.com. Please add the subject heading "PIX Pellet Nordic annual methodology review”.

Please specify whether your response is confidential. Opinions offered in confidential responses may be referenced but will not be attributed in any way.

Fastmarkets will publish the outcome of this methodology review by January 14, 2022, on Fastmarkets FOEX website under Pricing Notices, including a summary of the feedback with the exception of those marked as confidential. Any proposals to make material changes, discontinue or launch prices will involve a separate market consultation, the length of which will depend on how substantial the change is.

Jul 7, 2021

PRICING NOTICE: Changes to PIX Wood Finland Indices – Final Decision

Helsinki, July 7, 2021 (PIX Bioenergy and Wood Indices) – Fastmarkets FOEX is unifying its methodology and policies for all PIX indices to comply with Fastmarkets’ internal guidelines and the IOSCO principles for Price Reporting Agencies (PRAs). Along with this development, some index collection criteria do not fully fulfil these policy requirements.

As previously proposed and following a consultation, Fastmarkets FOEX has decided to discontinue PIX Sawlogs Finland, PIX Pulpwood Finland, and PIX Birchlogs Finland on Dec 29, 2021.

Fastmarkets FOEX will publish the last indices on Tuesday, December 28, 2021.

The main rationale for this change is that the PIX Wood Finland indices are based on third party data and cannot be linked to individual companies.

Fastmarkets FOEX made a market consultation regarding this change and received comments which were against the proposal, quoting the indices to be important for market data purposes and, instead of discontinuing, suggested developing the indices further to fulfil the requirements. Fastmarkets FOEX would like to thank for the feedback.

However, the current index specifications would require significant altering to fulfil the compliance requirements, as well as support from the market participants to receive the data in required detail. This would mean major changes to the index fundamental, which would be more appropriate to implement in all new indices. Fastmarkets FOEX is open to discussion with the stakeholders, for a possible future development of PIX roundwood indices.

May 14, 2021

PIX Forest Biomass Finland — Breakdown by grade and region available

Fastmarkets FOEX publishes alongside its PIX Forest Biomass main index also sub-indices dividing the data by grade and region.

The following data is available through a PIX Biomass Service subscription:

  • PIX Forest Biomass Finland main index (all Finland, South/West and North/East)
  • PIX Forest Biomass Finland forest chips sub-index (all Finland, South/West and North/East)
  • PIX Forest Biomass Finland by-product sawdust sub-index (all Finland, South/West and North/East)
  • PIX Forest Biomass Finland bark sub-index (all Finland, South/West and North/East)
If you would like to see a sample of the PIX Forest Biomass Finland letter and the data included, please click here.
Apr 15, 2021

Fastmarkets successfully completes second IOSCO assurance review for its FOEX PIX pulp and paper pricing division

Mar 16, 2021

Fastmarkets becomes BMR-regulated PRA, strengthening its already robust pricing methodologies

Please see our press release here.