Fastmarkets invited feedback from the industry on the pricing methodology for PIX Packaging GCC indices via an open consultation process between April 16 and May 14, 2025. This consultation was done as part of our published annual methodology review process. Full details of the prices covered by this consultation can be found here. No feedback […]

Explore the latest trends in packaging prices in the GCC region, focusing on recycled fiber-based containerboard in April.

Read more details on Fastmarkets' expanded suite of Middle Eastern scrap prices

This consultation, which is open until May 14, 2025 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. You can […]

Prices for recycled fiber-based containerboard in the Gulf Cooperation Council (GCC) had some increases with few decreases in February and as a result Fastmarkets’ PIX indices for locally-produced testliner and fluting rose slightly on Tuesday March 4. While most of the prices reported to Fastmarkets were unchanged, some increases in Saudi Arabia and the United […]

Prices for recycled fiber-based containerboard (RCCM) in the Gulf Cooperation Council (GCC) region experienced minor changes in January, with locally produced testliner and fluting stable or slightly lower compared with December, against the expectations of Fastmarkets contacts. Fastmarkets’ PIX Testliner GCC index edged down by $2.88 per tonne, or 0.60%, to close at $473.92 per […]

Energy company, Saudi Aramco, increased diesel prices in Saudi Arabia to 1.66 riyals ($0.44) per liter.

Sources expect demand to rise in the first quarter of 2025, when businesses are busy preparing for Ramadan.

Discover how the recycled fiber-based containerboard market in the GCC maintained stability amidst fluctuating costs and rising global interest.

Traders dealing with offshore shipments have faced numerous challenges this year, with a sharp decline in transits in the Panama Canal this year compared to 2023.