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.

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
Due to a system error, the market price for June 2 was used twice in the calculation of the weekly average for AG-FML-0008 Feathermeal, fob US Delmarva Peninsula, $/short ton, resulting in an error. Fastmarkets’ pricing database has been updated to reflect this change. Incorrect weekly average for May 31-June 6: $185-270 per short tonCorrect weekly average […]
Following preliminary discussions with the market and interrogation of data collected by Fastmarkets over recent months, Fastmarkets now proposes to assess and publish the price for ferro-niobium, 63-67%, delivered consumer works, dp Europe, on Wednesdays and Fridays, from the current basis of once weekly on Wednesdays. This more frequent price assessment will enable Fastmarkets to […]
No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. 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 […]
Following the consultation, which closed on Thursday June 12, Fastmarkets will amend the frequency of Taiwan base metals premium and delivery timing for tin 99.99% ingot premium, with the first publication on a monthly frequency taking place on Tuesday July 1. The change in frequency will help to better reflect the dynamics in the Taiwan […]
Discover how President Trump's tariffs impact the US fluff pulp export market, specifically targeting the EU and China.
Following an initial consultation with the market, Fastmarkets is proposing to:  The new specifications would be as follows, with amendments in italics: MB-CU-0002 Copper grade 1 cathode premium, ddp Midwest US, US cents/lb Quality: Grade A 99.9935% min copper cathode conforming to LME specifications BS EN 1978:2022 – Cu-CATH-1 or Grade 1 Electrolytic Copper Cathode ATSM B1115-10 Quantity: Min […]