Annual Review of PIX Packaging Europe Indices Methodology – Open Consultation

HELSINKI (PIX Pulp and Paper indices) – Fastmarkets FOEX is inviting feedback from the industry on the pricing methodologies for its PIX Packaging Europe price indices, as part of its annual methodology review process.

This consultation, which is open until May 24, 2023, 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. Please find the current methodology for the PIX Packaging Europe price indices here.

Please send responses in writing, preferably in electronic format, to the following address: pricing.foex@fastmarkets.com, with the respective subject heading “PIX Packaging Indices Review 2023”.

We treat feedback as anonymous. We share responses with the industry at the end of the consultation without attributing them in any way so as to protect the identity of respondents. Please specify whether your response is confidential, in which case we will not share it in any form.

Fastmarkets will publish the outcome of this methodology review by June 7, 2023, under Pricing Notices, including a summary of the feedback with the exception of those 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.

What to read next
Fastmarkets has corrected its AG-CH-0021 Hides, Brazil Frigorificos full-substrate wet-blue, TR2, green, cfr Brazil, 46-48kg, $/sq ft, which was published incorrectly on December 5, 2024.
Following an extended consultation period, Fastmarkets is launching two prices assessments for ferro-nickel with 20-25% nickel contained both on an outright basis and a premium/discount basis. These prices aim to provide greater transparency to the CIF China ferro-nickel market and a broader reference for participants and will complement  Fastmarkets’ exisiting high grade ferro-nickel, 26-32% Ni contained […]
Fastmarkets has corrected the publication dates for its FP-GP-0153 newsprint 45g CIF India and FP-GP-0158 newsprint 42g CIF India price assessments, which were published incorrectly on September 6.
Fastmarkets is to amend the timing window for its MB-AL-0381 aluminium low-carbon differential P1020A from Friday December 6.
Fastmarkets proposes to amend the frequency of the publication of several US base metal price assessments to a monthly basis, including MB-PB-0006 lead 99.97% ingot premium, ddp Midwest US; MB-SN-0036 tin 99.85% premium, in-whs Baltimore; MB-SN-0011 tin 99.85% premium, ddp Midwest US; MB-NI-0240 nickel 4x4 cathode premium, delivered Midwest US and MB-NI-0241 nickel briquette premium, delivered Midwest US.
Fastmarkets proposes to discontinue its MB-PB-0099 lead 99.99% ingot premium, delivered Midwest US price assessment.