Open consultation on methodology for Woodfiber & Biomass Markets – final decision
BELLINGHAM, WA, Feb 22, 2023 - Fastmarkets RISI invited feedback from the industry on the pricing methodology for Woodfiber & Biomass Markets, via an open consultation process between Dec. 16, 2022, and Feb. 13, 2023. This consultation was done as part of our published annual methodology review process. Minimal feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage.
A proposal to discontinue the assessment for hardwood sawmill chip markets is under long-term review.
This 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 for Woodfiber & Biomass Markets here.