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Fastmarkets has not changed the methodology for price discovery. Fastmarkets has updated its documentation on price methodologies to incorporate the standardized naming conventions, ensuring clarity and consistency across our forest products publications.
Please refer to the link to the tables below for detailed information on the standardized forest product price names as part of this process:
Please click here for a list of standardized price names and an FAQ.
Fastmarkets originally announced this name change in a notice published on August 4, which you can view here: https://www.fastmarkets.com/insights/clarification-of-fastmarkets-wood-products-price-names/
To provide feedback on these prices or if you would like to provide price information by becoming a data submitter, please email: pricing@fastmarkets.com. Please add the subject heading “FAO: Re: Standardization of Fastmarkets’ Forest Products Price Names.”
To see all Fastmarkets’ pricing methodology and specification documents, please go to https://www.fastmarkets.com/methodology/forest-products/.