Fastmarkets (Random Lengths) plans to formally launch the industry’s first daily price assessment for Southern Yellow Pine #2 2×4 (eastside) on Thursday 8 August along with more than a year of pricing history.

Are fluctuating raw material costs worsening the US housing affordability crisis? Urgent action is needed to preserve homebuying opportunities, as explored by the Fastmarkets team

Fastmarkets FOEX would like to thank for the feedback received during the consultation period. It was fully supportive to our current methodology. To summarize, this open consultation does not lead to material changes in the current methodology. A newly dated methodology document will be soon posted.

The open consultation, which is open until February 15, 2024, seeks to ensure that our methodologies continue to reflect the physical market under indexation, 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 specifications and publication frequency. Fastmarkets […]

Southern Pine decking prices climbed to unprecedented heights during the pandemic, but have since retreated to previous levels

HELSINKI, February 17, 2023 (PIX Bioenergy and Wood Indices) – Fastmarkets FOEX invited feedback from the industry in an open consultation process between January 18 and February 15, 2023 on the pricing methodology for its PIX Sawn Softwood Timber Finland indices.