Extension of the consultation period on the proposal to discontinue PIX Sawn Timber Finland export indices

After market feedback, Fastmarkets is extending the consultation period for its proposal to discontinue the PIX Sawn Timber FAS Finland indices

While Fastmarkets understands that the PIX sawn timber FAS Finland indices have not been widely adopted by the industry, we have received feedback that there is commercial use for the indices. Therefore, we propose to maintain them for the time being. 

The following indices are affected: 

  • FP-LBR-0001 PIX Sawn Timber Pine FAS Finland 
  • FP-LBR-0002 PIX Sawn Timber Pine FAS Finland – V centre cut 
  • FP-LBR-0004 PIX Sawn Timber Pine FAS Finland – VI 
  • FP-LBR-0003 PIX Sawn Timber Pine FAS Finland – V side boards 
  • FP-LBR-0005 PIX Sawn Timber Pine FAS Finland – US 
  • FP-LBR-0006 PIX Sawn Timber Pine FAS Finland – Schaal Export 
  • FP-LBR-0007 PIX Sawn Timber Pine FAS Finland – Lamina centre cut 
  • FP-LBR-0008 PIX Sawn Timber Spruce FAS Finland 
  • FP-LBR-0009 PIX Sawn Timber Spruce FAS Finland – Sawf. centre cut 
  • FP-LBR-0010 PIX Sawn Timber Spruce FAS Finland – Sawf. Boards 
  • FP-LBR-0011 PIX Sawn Timber Spruce FAS Finland – Schaal Export 
  • FP-LBR-0012 PIX Sawn Timber Spruce FAS Finland – US centre cut 
  • FP-LBR-0013 PIX Sawn Timber Spruce FAS Finland – Genban 
  • FP-LBR-0014 PIX Sawn Timber Spruce FAS Finland – VI 

The extended consultation period for this proposed discontinuation starts from Monday July 7, 2025, and will now end on August 31, 2025. More details about the proposed discontinuation date will be communicated after this consultation is over. Fastmarkets will publish the outcome of this consultation extension by September 12. 

There is also an ongoing consultation for a proposal to launch Nordic sawn timber export prices for selected European markets and grades, where these price assessments will offer more end-market-specific data for major European markets and will provide more applicable references for buyers and sellers of Nordic softwood sawn timber outside of Finland. 

To provide feedback on the proposed discontinuation of the PIX Sawn Timber FAS Finland indices or if you would like to provide price information by becoming a data submitter to these indices, please contact Tuomo Neuvonen by email at pricing@fastmarkets.com. Please add the subject heading “FAO: Tuomo Neuvonen, re: PIX Sawn Timber FAS Finland.” 

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request. 

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology

What to read next
An incorrect EUR/USD exchange rate, used to convert the cost of inputs priced in euros to US dollars, caused the prices to be calculated incorrectly. This has now been rectified. The following prices were affected: AG-SAF-0004 Sustainable aviation fuel (SAF max), base cost, exw Netherlands, $/tonnePublished incorrectly as: $2,995 per tonneCorrected to: $1,996 per tonne […]
The publication of Fastmarkets’ European aluminium billet premiums assessments for Friday February 6 was delayed because of a procedural error. Fastmarkets’ pricing database has been updated.
Fastmarkets has corrected its MB-GD-0001 Gadolinium oxide 99.99%-99.999% fob China, $/kg price, which was published incorrectly.
Fastmarkets launches MB-STE-0951 Steel hot-rolled coil index, fob mill Canada on Thursday February 5.
The consultation, which is open until Friday March 6, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, 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 […]
The price subject to this annual review is Fastmarkets’ MB-STE-0141 steel billet import, cfr Manila, $/tonne.​This consultation, which is open until Friday March 6, seeks to ensure that our methodologies continue to reflect the physical CFR Manila steel billet market, in compliance with the International Organization of Securities Commission (IOSCO) principles for price reporting agencies (PRAs). This […]