PRICING NOTICE: Open consultation on methodology for Asia’s recovered paper and packaging paper and board; Proposal to reclassify US and European mixed paper in Asia into two sub-grades

Fastmarkets RISI is inviting feedback from the industry on the pricing methodologies for Asia – Recovered Paper and Asia – Packaging Paper and Board, as part of its announced annual methodology review process.

This consultation, which is open until May 21st, 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.

At the same time, Fastmarkets RISI is proposing to reclassify mixed paper imported from the USA and Europe to Asia into two sub-grades, premium and standard, to reflect the market situation.

Currently mixed paper imports are sold mainly in India and countries in Southeast Asia, with a wide price range.

Prices for the grade vary, depending on quality chiefly based on its contamination levels.

The proposed reclassification is aimed at narrowing the range via specifying and the two sub-grades and assessing prices for each of them.

The premium grade will have a contamination level of below 2%, while the standard grade will have that of more than 2%.

This notice is part of the open consultation on methodology for Asia’s recovered paper assessments which is being under way.

You can find the current methodology for Asia – Recovered Paper and Asia – Packaging Paper and Board here,

Please send responses in writing, preferably in electronic format, to the following address: Please add the respective subject heading, Asia – Recovered Paper, 2021, or Asia – Packaging Paper and Board, 2021. 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 June 4th, 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 is clarifying recent changes to its germanium dioxide price assessments and the reintroduction of the assessment of the price for MB-GER-0001 germanium dioxide, in-whs China, $ per kg, following market feedback.
Fastmarkets will reintroduce its MB-GER-0001 Germanium dioxide, in-whs China, price assessment on Friday May 24 after it was discontinued on May 10.
Fastmarkets invited feedback from the industry on the pricing methodology for its MB-STE-0185 steel cold-rolled coil, fob mill US, $/cwt; MB-STE-0186 steel hot-dipped galvanized coil (cold-rolled base), fob mill US, $/cwt; and MB-STE-0172 steel cut-to-length plate carbon grade, fob mill US, $/cwt between April 10 and May 10, 2024. This consultation was done as part of our published annual methodology review process.
Fastmarkets confirms the amendment of five of its steel products assessments and steel billet index originated from the Black Sea.
Fastmarkets is launching a US green steel differential to hot-rolled coil and an accompanying US green steel base price. The launch is targeting growing interest from the auto sector and elsewhere in a low-carbon-emission HRC option. It complements differentials and base prices in Europe and Asia.
For comments and queries, please email, indicating “PIX Pellet Nordic Index” in the subject line of the email.