Annual Review of PIX Packaging GCC (Middle East) Price Indices Methodology – Final Decision

Fastmarkets FOEX invited feedback from the industry in an open consultation process between April 18 and May 16, 2024, on the pricing methodology for its PIX Packaging GCC (Middle East) price indices. The consultation was done as part of our annual methodology review process.

Fastmarkets FOEX would like to thank those who took the time to respond to the consultation. Fastmarkets FOEX did not propose any changes to the methodology. The feedback was fully supportive of the current methodology.

To summarize, this open consultation does not lead to material changes in the current methodology. A newly dated methodology document has been posted.

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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