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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 was received during the consultation period and therefore no changes will be made to the methodology at this stage.
This open consultation sought 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 find the current methodology and specifications for PIX Packaging GCC (Middle East) price indices here: https://www.fastmarkets.com/methodology/forest-products/pix-packaging-gcc-methodology-and-specifications/
To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.