Open consultation on annual methodology review for PIX Forest Biomass Finland indices

Fastmarkets is inviting feedback from the industry on the pricing methodology for the PIX Forest Biomass Finland price indices, as part of its announced annual methodology review process.

This consultation, which is open until June 12, 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 find the current methodology for PIX Forest Biomass Finland here https://www.fastmarkets.com/methodology/forest-products/.

The prices subject to this annual review are as follows (market symbol, index name):

• FP-WB-0003, PIX Forest Biomass Finland EUR/MWh
• FP-WB-0005, PIX Forest Biomass Finland, Forest Chips EUR/MWh
• FP-WB-0007, PIX Forest Biomass Finland, Forest Residue EUR/MWh
• FP-WB-0004, PIX Forest Biomass Finland, Sawdust EUR/MWh
• FP-WB-0006, PIX Forest Biomass Finland, Bark EUR/MWh
• FP-WB-0008, PIX Forest Biomass Finland South/West
• FP-WB-0010, PIX Forest Biomass Finland South/West, Forest Chips
• FP-WB-0012, PIX Forest Biomass Finland South/West, Forest Residue
• FP-WB-0009, PIX Forest Biomass Finland South/West, Sawdust
• FP-WB-0011, PIX Forest Biomass Finland South/West, Bark
• FP-WB-0013, PIX Forest Biomass Finland North/East
• FP-WB-0015, PIX Forest Biomass Finland North/East, Forest Chips
• FP-WB-0017, PIX Forest Biomass Finland North/East, Forest Residue
• FP-WB-0014, PIX Forest Biomass Finland North/East, Sawdust
• FP-WB-0016, PIX Forest Biomass Finland North/East, Bark

Please send responses in writing, preferably in electronic format, to the following address: pricing@fastmarkets.com. Please add the subject heading ‘PIX Forest Biomass Finland annual review, 2025’. Please specify whether your response is confidential. Opinions offered in confidential responses may be referenced but will not be attributed in any way.

Fastmarkets will publish the outcome of this methodology review by June 26, 2025, including a summary of the feedback – with the exception of those responses marked as confidential. Any proposals to make material changes, discontinue or launch prices will involve a separate market consultation, the length of which will depend on how substantial the change is.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.