RANDOM LENGTHS: Appearance Grade 2×4 8-foot prices debut

One key addition to the Random Lengths price guide takes effect with the April 3 issue. Prices of Appearance Grade 2×4 8-foot in Western S-P-F, Coast dry Douglas Fir, and Inland Hem-Fir have been added to the stud section on page 7 of the weekly report. This product will reflect premium grade stock allowing for limited pencil wane.

These prices have been added after an extensive industry consultation found that a majority of the industry wants benchmark pricing for this sector of the market.

What to read next
In the open consultation, Fastmarkets FOEX did not propose any changes, and there was no feedback received during the process. No material changes were made to the current methodology. A newly dated methodology document has been posted here.
The publication of Fastmarkets’ aluminium scrap and secondary aluminium ingot price assessments for Wednesday June 12 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
The publication of Fastmarkets’ MB-IRO-0186 iron ore DR grade pellet premium indicator for Wednesday June 12 was delayed due to an error in the review process.
Fastmarkets proposes to discontinue its weekly price assessments for AG-UCO-0013 UCO, Chinese flexi-tank, CFR Antwerp, Rotterdam, Amsterdam, and AG-UCO-0012 UCO, Chinese bulk, CIF Antwerp, Rotterdam, Amsterdam.
Fastmarkets wishes to clarify the specifications for its European animal fats price assessments.
The publication of Fastmarkets’ ilmenite and rutile price assessments for Thursday June 6 were delayed due to an administrative error. Fastmarkets’ pricing database has been updated.