Final decision on open consultation on methodology review for softwood wood products

Fastmarkets invited feedback from the industry on its pricing methodologies and product specifications for softwood wood products from March 31 through April 27 via an open consultation process. This consultation was done as part of our published annual methodology review process.

No feedback was received during the consultation period, and Fastmarkets will make no immediate changes to its methodologies as part of the methodology review process. However, forthcoming pricing notices on specific changes to assessment specifications, including potential new price launches, will provide additional opportunities for feedback.

The 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.

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.

What to read next
Fastmarkets has corrected its assessment date for AG-SYB-0083 Soyoil fob Alto Araguaia, no tax, Real/tonne, AG-SYB-0084 Soyoil fob Ponta Grossa, no tax, Real/tonne and AG-SYB-0085 Soyoil cif São Paulo, with tax, Real/tonne on May 26. The prices had incorrectly been published for May 27.
The following prices were affected:  May 1 SoybeanAG-SYB-0019 Soybean CIF US Gulf Barge Premium c$/bu was published incorrectly on May 1 as: Jun: 84.0 cents per bushelJul: 87.5 cents per buAug: 84.5 cents per buSep: 76.5 cents per buOct: 81.5 cents per buNov: 89.5 cents per bu It has been corrected to: Jun: 84 cents per buJul: 87 cents per buAug: 85 […]
Fastmarkets is extending the consultation period for its proposed changes to the copper concentrates TC/RC index cif Asia Pacific and is also proposing the normalization of gold and silver payables within the index calculation.
Fastmarkets will launch a new weekly price assessment for tungsten unwrought metal bar, 99.8% min W, spot price, CIF main ports Europe, US, Japan $ per kg on Friday May 29.
Fastmarkets is proposing a delayed launch of new price series for its benchmark European PIX gross pulp prices and North American effective list pulp prices to March 2027, and a simplified conversion formula, based on market feedback.
The publication of Fastmarkets’ assessments of the nickel min 99.8% full plate premium, in-whs Shanghai, and the nickel min 99.8% full plate premium, cif Shanghai for Tuesday May 26 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The following prices were affected:MB-NI-0143 Nickel min 99.8% full plate premium, in-whs Shanghai, […]