Open consultation on annual methodology review for PIX Pulp Europe, PIX Pulp China Indices

Fastmarkets is inviting feedback from the industry on the pricing methodology for its PIX Pulp Europe (gross) and PIX Pulp China (net) indices as part of its announced annual methodology review process.

This consultation, which is open until March 6, 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.

Many market stakeholders have expressed concern about current discount levels reaching close to 50% in Europe. To this effect, Fastmarkets would like to receive feedback on whether the current discount levels have grown too high, and open-ended feedback on potential remedies moving forward. IMPORTANT: No changes would be made without extensive stakeholder consultation through a formal process.

You can find the current methodology for PIX Pulp Europe and PIX Pulp China here: https://www.fastmarkets.com/methodology/forest-products/

The prices subject to this annual review are as follows:

Please send responses in writing, preferably in electronic format, to the following address: pricing@fastmarkets.com. Please add the subject heading ‘PIX Pulp Europe and PIX Pulp China 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 March 20, 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

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