Annual Review of PIX Packaging Europe Indices Methodology – Final Decision

Fastmarkets FOEX invited feedback from the industry in an open consultation process between April 26 and May 24, 2023, on the pricing methodology for its PIX Packaging Europe price indices. The consultation was done as part of our annual methodology review process.

In the open consultation, Fastmarkets FOEX did not propose any changes and the feedback received was fully supportive to our current methodology. No material changes were made to the current methodology.

A newly dated methodology document has been posted on foex.fi

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.

What to read next
The premium has been corrected to $510-540 per tonne, after being incorrectly published at $515-540 per tonne, due to a reporter error. Fastmarkets’ pricing database has been updated to reflect this change. Due to the same error, MB-AL-0378 was incorrectly published at $547.50 per tonne, it has now been changed to $545 per tonne. In addition, MB-AL-0386 was […]
The price has been corrected to €699.38 per tonne, after being incorrectly published at €696.88 per tonne, due to a reporter error. Fastmarkets’ pricing database has been updated to reflect this change. Due to the same error, both MB-STE-0892 steel hot-rolled coil index domestic, exw Italy, €/tonne and MB-STE-0028 steel hot-rolled coil index domestic, exw Northern […]
The publication of Fastmarkets' price assessments for MB-FEO-0004 molybdenum, MB drummed molybdic oxide Mo, in-whs Busan; MB-FEO-0003 molybdenum, drummed molybdic oxide, 57% Mo min, in-whs Rotterdam; and MB-FEO-0001 ferro-molybdenum, 65% Mo min, in-whs Rotterdam, was delayed on Tuesday July 14 due to a technical issue.
Fastmarkets has launched a São Paulo secondary aluminium billet premium on Tuesday July 14.
Fastmarkets’ MB-CO-0005 Cobalt standard grade, in-whs Rotterdam and MB-CO-0004 Cobalt alloy grade, in-whs Rotterdam price assessments were published ahead of schedule because of an approver error.
Fastmarkets would like to clarify and reiterate several methodological items of its alloy-grade (MB-CO-0004) and standard-grade (MB-CO-0005) cobalt metal in-whs Rotterdam assessments.