Proposal to launch Nordic sawn timber export prices for Europe; discontinue PIX Sawn Timber Finland export indices

Fastmarkets proposes to launch Nordic sawn timber export prices for selected European markets and grades, while discontinuing the PIX Sawn Timber FAS Finland indices.

The PIX sawn timber FAS Finland indices have not been widely adopted by the industry and the new price assessments will offer more end-market-specific data for major European markets and will provide more applicable references for buyers and sellers of Nordic softwood sawn timber.

The proposed specification is as follows:

• Quality: Selected Nordic (Swedish, Finnish, Norwegian) export grades of both planed and rough sawn timber spruce (whitewood) (more grades and species may be added subject to market feedback)
• Quantity: TBC (based on feedback)
• Location: Goods combined from Sweden, Finland, Norway delivered separately to Benelux, French, German and UK markets
• Timing: TBC (based on feedback)
• Unit: euros per cubic meter
• Incoterm: Delivered
• Payment terms: Net
• Publication: Frequency: Monthly

The indicative list of products based on preliminary feedback:

Germany

• Spruce – Sawfalling 44-50×150 mm
• Spruce – Sawfalling 63×150 mm
• Spruce – Sawfalling 50×100 mm

France

• Spruce – Sawfalling 44-50×150 mm
• Spruce – Sawfalling 63×150 mm
• Spruce – Sawfalling 50×100 mm

Benelux

• Spruce – Sawfalling 47×150 mm
• Spruce – Sawfalling 50×100 mm
• Spruce – Planed Construction Timber 50×75 mm

United Kingdom

• Spruce – Sawfalling 44-50×150 mm
• Spruce – Sawfalling 50×100 mm

The consultation period for this proposed launch starts from Friday, May 16, 2025 and will end on Monday, June 30, 2025. The launch is planned to take place, subject to market feedback, in late 2025. The discontinuation of the PIX Sawn Timber FAS Finland indices is planned for after the June 2025 publication of the indices.

The following indices will be discontinued:

• FP-LBR-0001, PIX Sawn Timber Pine FAS Finland
• FP-LBR-0002, PIX Sawn Timber Pine FAS Finland – V centre cut
• FP-LBR-0004, PIX Sawn Timber Pine FAS Finland – VI
• FP-LBR-0003, PIX Sawn Timber Pine FAS Finland – V side boards
• FP-LBR-0005, PIX Sawn Timber Pine FAS Finland – US
• FP-LBR-0006, PIX Sawn Timber Pine FAS Finland – Schaal Export
• FP-LBR-0007, PIX Sawn Timber Pine FAS Finland – Lamina centre cut
• FP-LBR-0008, PIX Sawn Timber Spruce FAS Finland
• FP-LBR-0009, PIX Sawn Timber Spruce FAS Finland – Sawf. centre cut
• FP-LBR-0010, PIX Sawn Timber Spruce FAS Finland – Sawf. Boards
• FP-LBR-0011, PIX Sawn Timber Spruce FAS Finland – Schaal Export
• FP-LBR-0012, PIX Sawn Timber Spruce FAS Finland – US centre cut
• FP-LBR-0013, PIX Sawn Timber Spruce FAS Finland – Genban
• FP-LBR-0014, PIX Sawn Timber Spruce FAS Finland – VI

To provide feedback on this pricing notice or if you would like to provide price information by becoming a data submitter to the Nordic sawn timber export prices for Europe, please contact Tuomo Neuvonen by email at pricing@fastmarkets.com. Please add the subject heading “FAO: Tuomo Neuvonen, re: Nordic sawn timber export prices for Europe.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.