PRICING NOTICE: Fastmarkets standardizes names of Random Lengths price assessments

As previously announced, with effect from December 13, 2021, Fastmarkets has standardized the names of all Random Lengths price assessments in the Fastmarkets RISI portal and mobile app for ease of use and greater transparency.

The aim of this exercise is to make it as easy as possible for our licensed users to identify and use our pricing data. As of December 13, 2021, all Fastmarkets forest products price names will follow this structure, where possible: commodity + product/grade + incoterm + location + currency + unit of measure.

Please click here for to see our revised lists of standardized price names ahead of the implementation. If you cannot find what you are looking for, please contact us via email at pricing.risi@fastmarkets.com.

This change will only affect online price names, not the descriptions in the Random Lengths newsletters.

Although Fastmarkets has made changes to the description of the price in the name, the methodology for the discovery of each price remains the same.

To see all Fastmarkets’ forest products pricing methodology and specification documents, please go to https://www.risiinfo.com/approach/methodology/price-assessment-methodology/

What to read next
The publication of Fastmarkets’ manganese ore seaborne indices for Friday March 31 was delayed due to inputting errors in the data submission process.
As of May 1, 2023, Fastmarkets will improve the foreign exchange (FX) spot rates published on the Fastmarkets Dashboard and in the Scrap Settlement PDF.
Folding boxboard prices remain stable while white-lined chipboard prices erode
Weak newsprint demand push sellers to lower prices after six months of stability
SAN FRANCISCO, March 16, 2023 (Nonwovens Markets) - Fastmarkets RISI invited feedback from the industry on the pricing methodology for Nonwovens Markets, via an open consultation process between January 25 and March 15, 2023.
The publication of Fastmarkets’ assessment of the Southeast Asia copper premium for Tuesday March 28 was delayed due to a scheduling error.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed