Launch of Nordic sawn timber export pilot project; discontinuation of PIX Sawn Timber Finland export indices: pricing notice

Fastmarkets has launched a new pilot project to publish Nordic sawn timber prices delivered to Germany, France, Benelux and the UK and confirms the discontinuation of its PIX Sawn Timber Finland export indices.

Fastmarkets originally consulted the market on a proposal to launch Nordic sawn timber export prices for selected European markets and grades on May 16. Following feedback, that consultation was then extended to the end of October and, in the meantime, a pilot project has been launched. 

If you would like to take part in the pilot project and access the new monthly price assessments please contact Tuomo Neuvonen by email at: tuomo.neuvonen@fastmarkets.com.  

In terms of the discontinuation, while Fastmarkets understands that the PIX sawn timber FAS Finland indices have not been widely adopted by the industry, we received feedback during the consultation, which originally started on May 16, 2025, that there was some commercial use of the indices. The consultation was therefore  extended on July 7 to gather more feedback and to enable any commercial users to adjust their contracts while we investigated the possibility of continuing the indices.

There was no further feedback received by Fastmarkets during the extended consultation period.

The last publication of these indices was on August 26, 2025, and Fastmarkets will discontinue its PIX sawn timber FAS Finland export indices on September 23, 2025.

The affected indices are:

• 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

If you have any comments on the discontinuation of the PIX Sawn Timber FAS Finland 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.