PRICING NOTICE: Fastmarkets to standardize names of Random Lengths price assessments

Effective December 13, 2021, Fastmarkets will standardize 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 Random Lengths 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’ Shanghai ferro-nickel price assessment for Monday March 27 was delayed due to a reporter error during the data collection process.
Fastmarkets proposes to extend the shipment window of its alumina index inferred, fob Brazil, to allow for greater inclusion of reported liquidity, and to increase the frequency of publication to weekly.
Following a month-long consultation period, Fastmarkets has amended the methodology for the bi-weekly assessment of the aluminium P1020A main Japanese ports (MJP) spot premium, to include domestic tenders and deals from the Japanese market.
Fastmarkets proposes to discontinue its ferrous scrap consumer buying price for cast iron borings in Pittsburgh due to a lack of liquidity.
Fastmarkets is proposing a realignment of its consumer buying price for ferrous scrap No1 busheling in Cincinnati and Pittsburgh, effective from the May 2023 monthly settlement.
Both NBSK and BEK pulp prices drop in Europe with market sources mostly reporting soft demand due to quiet paper markets
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed