PRICING NOTICE: Open consultation on European paper and board assessments

Fastmarkets RISI is inviting feedback from the industry on the pricing methodologies for European paper and board and paper for recycling assessments as part of its announced annual methodology review process.

This consultation, which is open until September 3, 2021, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions principles for price reporting agencies. This includes all elements of our pricing process, our price specifications and publication frequency.

You can find the current methodology for European graphic papers here. Fastmarket_Price_Methodology_Europe_Graphic_Paper_October_2020.pdf (risiinfo.com)

You can find the current methodology for European packaging paper and board here. Fastmarket_Price_Methodology_Europe_Packaging_Paper_and_Board_July-2021.pdf (risiinfo.com)

You can find the current methodology for European paper for recycling here. Fastmarket_Price_Methodology_Europe_PfR_October_2020.pdf (risiinfo.com)

Please send responses in writing, preferably in electronic format, to the following address: pricing.risi@fastmarkets.com. Please add the respective subject heading “European paper and board annual methodology review.” 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 September 17, 2021, 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
The publication of Fastmarkets’ India domestic recycled containerboard price assessments for Friday April 3 will be delayed due to staffing availabilities.
The publication of Fastmarkets’ European low-carbon aluminium differential assessments for Thursday April 2 were delayed because of a procedural error. Fastmarkets’ pricing database has been updated.
Fastmarkets has corrected its MB-AL-0379 Aluminium 6063 extrusion billet premium, ddp Italy (Brescia region), inferred low-carbon, and Aluminium 6063 extrusion billet premium, ddp North Germany (Ruhr region), inferred low-carbon midpoint assessments, which were published incorrectly on Friday April 2, due to a procedural error.
Fastmarkets plans to change the timestamp of several of its agriculture prices linked to the Chicago Mercantile Exchange and MIAX Futures Exchange to align the time of publication with the exchanges’ settlement time. The change in timestamp will affect both premiums and outright prices that use those futures as an underlying benchmark, with the change to take effect on May 11.
Fastmarkets has corrected its price and rationale for MB-STE-0028 steel hot-rolled coil index domestic, exw Northern Europe and the assessments for MB-STE-0905 green steel base price HRC exw Northern Europe, daily inferred and MB-STE-0912 flat steel reduced carbon emissions, daily inferred, exw Northern Europe, which were published incorrectly on Wednesday April 1.
The annual consultation sought to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, 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. The current methodology […]