Technical error in connection with publishing PIX quarterly averages.

Notice for our Fastmarkets platform users, due to a technical error, some Q3 quarterly averages were run in error.

September 5, 2024

By the Fastmarkets team

Europe Pricing notice

On Tuesday, September 3, 2024, quarterly averages were published for July 1 – September 3, 2024 in error for the following PIX Market Assessment Groups:

PIX Forest Biomass Finland
PIX RCP Germany
PIX RCP Europe Monthly
PIX Sawn Timber Finland
PIX Pulp China
PIX Packaging Europe
PIX Paper
PIX Pulp Europe
PIX RCP Europe

The incorrect September 2024 Q3 quarterly average were published only on the Fastmarkets Platform and only costumers with access to the platform were affected. The incorrect values have been removed.

For more information or to provide feedback on this pricing notice, or if you would like to provide price information by becoming a data submitter to Fastmarkets, please contact Sharon Levrez by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Sharon Levrez, re: “PIX quarterly averages.”

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

What to read next

Clarification of global lithium methodology

To increase transparency, Fastmarkets has further clarified how it handles price movements during periods of low liquidity. Factors that Fastmarkets may consider during times of low liquidity include, but are not limited to: market fundamentals such as changes in inventory levels, shipments, operating rates and export volumes; relative fundamentals of similar commodities in the same […]

May 15, 2025

·

By Grace Asenov

Final decision on open consultation on annual methodology review for PIX Packaging GCC (Middle East) Indices

Fastmarkets invited feedback from the industry on the pricing methodology for PIX Packaging GCC indices via an open consultation process between April 16 and May 14, 2025. This consultation was done as part of our published annual methodology review process. Full details of the prices covered by this consultation can be found here. No feedback […]

May 15, 2025

·

By Fastmarkets FOEX

Open consultation on annual methodology review for PIX Forest Biomass Finland indices

Fastmarkets is inviting feedback from the industry on the pricing methodology for the PIX Forest Biomass Finland price indices, as part of its announced annual methodology review process. This consultation, which is open until June 12, 2025, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the […]

May 15, 2025

·

By Fastmarkets Forest Products

Delayed publication of alumina index, fob Australia

The publication of the following price was delayed for 10 minutes: MB-ALU-0002 Alumina index, fob Australia, $/tonne This price is a part of the Fastmarkets Base Metals package. For more information or to provide feedback on the delayed publication of this price or if you would like to provide price information by becoming a data submitter […]

May 14, 2025

·

By James McKeigue

Proposal to amend frequency of Taiwan base metals premium and delivery timing for tin 99.99% ingot premium

Fastmarkets proposes to amend the frequency of Taiwan base metals prices from biweekly to monthly, and the delivery timing for the tin 99.99% ingot premium from two weeks to four weeks.

May 13, 2025

·

By Chay Chye Leng

Proposal to increase publication frequency of some UK, Europe, Turkey steel scrap prices

The prices in question are: MB-STE-0100 Steel scrap, HMS 1&2 (80:20 mix), export, fob main port UK, $ per tonneMB-STE-0099 Steel scrap shredded, export, fob main port UK, $ per tonneMB-STE-0095 Steel scrap shredded, import, cfr delivered Turkish port, $ per tonneMB-STE-0420 Steel scrap, HMS 1&2 (80:20 mix), fob Rotterdam, $ per tonne. Increasing the frequency of assessment of […]

May 12, 2025