Final decision on open consultation on annual methodology review for Middle East PIX Packaging GCC Indices

Fastmarkets invited feedback from the industry on the pricing methodology for its Middle East PIX Packaging GCC indices via an open consultation process between April 17 and May 20 2026.

This consultation was done as part of our published annual methodology review process.

No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage.

The consultation sought 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.

You can find the current methodology for PIX Packaging GCC price indices here.

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.

Case Study

Learn how to monitor packaging prices using cost and price indices and understand the underlying cost drivers, from material cost to labor, energy and more. Examples include cartonboard, liquid container and paper bag.

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