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
Following an initial consultation with the market and a review of the typical data sets that have been collected over recent months, Fastmarkets is proposing changes to the specifications of the index for MB-IRO-0009 iron ore 65% Fe Brazil-origin fines, cfr Qingdao, by raising the silica base specification to 2.7% from 2.2%, as well as an […]
The corrections are as follows: AG-BRY-0004 Barley Feed barley FOB Argentina $/mt Incorrect prices: August $119.00 per tonne Corrected to: August $219.00 per tonne Fastmarkets’ pricing database has been updated to reflect this change. These prices are part of the Fastmarkets Ags Grains package. For more information or to provide feedback on this correction notice or […]
This price is a part of the Fastmarkets scrap package. For more information on our North America Ferrous Scrap methodology and specifications please click here. To get in touch about access to this price assessment, please contact customer.success@fastmarkets.com.
This consultation was done as an adhoc methodology review process, aiming to better reflect the physical market under indexation, considering its reduced liquidity linked to the combination of seasonal demand patterns and the implementation of cross-border import tariffs between the US and China. No feedback was received during the consultation period and therefore Fastmarkets will […]
Full details of the prices covered by this consultation can be found here: https://www.fastmarkets.com/insights/open-consultation-on-annual-methodology-review-for-global-pulp-pricing-notice/ During the consultation, Fastmarkets requested comments on whether current discount levels for US market pulp have grown too high and invited open-ended feedback on potential remedies moving forward. Feedback from the industry was mixed. Potential remedies suggested by the industry included […]
Fastmarkets has corrected the rationale for its MB-CO-0021 cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets’ standard-grade cobalt price (low-end), which was published incorrectly on Wednesday July 2 due to a reporter error.