PRICING NOTICE: Open consultation on methodology for Brazilian recovered paper market

Fastmarkets RISI invites feedback from the industry on the pricing methodology for Brazilian domestic recovered paper, via an open consultation process between December 21, 2021, and January 21, 2021. This consultation is part of our published annual methodology review process and at this time proposes substantial changes to publication of prices and schedule.

The proposal consists in increasing the coverage of Brazilian OCC #1, OCC #2 and Uncoated boxboard recovered paper to monthly from once every two months. With the change, Fastmarkets would discontinue the publication of white recovered paper prices in Brazil, including White #1, White #2, White #3 and White #4.

In 2020 and 2021 there was limited negotiation of volumes for white recovered paper in Brazil, with low supply. On the other hand, demand for monthly information on raw materials that impact the packaging markets has increased considerably.

Please send responses in writing, preferably in electronic format, to the following address: pricing.risi@fastmarkets.com. Please add the respective subject heading “Brazil Recovered Paper Prices, 2022”. Please specify whether your response is confidential. Opinions offered in confidential responses may be referenced but will not be attributed in any way.

This consultation sought 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.

You can find the current methodology for Brazilian Domestic Recovered Paper here.

What to read next
The publication of Fastmarkets’ MB-CO-0004 cobalt alloy grade, in-whs Rotterdam and MB-CO-0005 cobalt standard grade, in-whs Rotterdam assessments for Friday July 12 were delayed because of a technical error. Fastmarkets’ pricing database has been updated.
Feedback was received during the consultation period of an immaterial nature that would not impact the result of price assessments. Therefore, while no material changes will be made to the methodologies at this stage, clarification indicating that the Effective List price treats changes in annually established discounts during the year as changes in the price. […]
Fastmarkets is inviting feedback from the industry on the pricing methodology for European Packaging Paper and Board as part of its announced annual methodology review process. This consultation, which is open until August 31, 2024 seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization […]
In the methodology price specifications, the shorter names PIX Testliner GCC and PIX Fluting GCC will be used instead of PIX Containerboard Testliner Delivered GCC USD/tonne and PIX Containerboard Fluting Delivered GCC USD/tonne. No other changes have been made to the index methodology. For comments and queries, please email hello.foex@fastmarkets.com, indicating “PIX Packaging GCC” in […]
Fastmarkets advises that, as of Wednesday July 10, certain monthly North American ferrous scrap assessments had yet to be settled.
Fastmarkets has corrected its MB-ALU-0002 alumina index, fob Australia and its MB-ALU-0010 alumina inferred index, fob Brazil, which were published incorrectly on Monday July 8 due to an error.