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
The publication of the following assessment was delayed: MB-AL-0052 Aluminum 6063 extrusion billet premium, delivered Midwest US, US cents/lb 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 […]
Fastmarkets is further extending the consultation period for its proposal to launch a monthly high-grade nickel matte payable indicator, 65-75% nickel contained, cif China, % of official exchange price assessment, following feedback from market participants. The initial proposal to launch the assessment was published on February 26, but following feedback related to market liquidity Fastmarkets extended the consultation […]
Fastmarkets proposes to change the name and base specifications of its index for iron ore 62% Fe fines cfr Qingdao to more closely align with the specifications of prevailing mid-grade fines in the CFR China market. Following an initial consultation with the market, and a review of the typical data sets that have been collected […]
This consultation, which is open until May 22, 2025 seeks 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 all elements of our pricing process, our price specifications and publication frequency. You can […]
The top end of the price was incorrectly published due to a typographical error. The price was initially published as 240,000-2,450,000 yuan per tonne. This has since been corrected to 240,000-245,000 yuan per tonne. Fastmarkets’ pricing database has been updated to reflect this change. The affected price is as follows:MB-SB-0011 Antimony 99.85% Sb min, in-whs […]
The proposal follows preliminary discussions with the market, which suggests a lack of liquidity for the commodities. The proposed new specifications are listed below, with the proposed amendment of price frequency in italics: MB-MAG-0005 Magnesia, dead burned, 97.5% MgO, lump, fob China, $/tonneQuality: Dead burned 97.5% MgO lump, bulkQuantity: Min 1,000 tonnesLocation: fob ChinaTiming: SpotUnit: $/tonnePublication: […]