Open consultation on Fastmarkets’ softwood methodologies

Fastmarkets is inviting feedback from the industry on its pricing methodologies and product specifications for softwood wood products, as part of its annual methodology review process.

This consultation, which starts on March 31 and ends on April 27, seeks to ensure that our methodologies continue to reflect the physical softwood wood products markets, in compliance with the International Organization of Securities Commission (IOSCO) principles for price reporting agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.

Click the links to view methodologies for North America Lumber, North America Panel, and Random Lengths International.

Please send responses by April 27 to wood@fastmarkets.com and pricing@fastmarkets.com. Please add the subject heading “Softwood methodology.”

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 May 4, 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 the Fastmarkets
methodology page
.

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