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FOEX Indexes Ltd is an independent company providing audited, trade-mark registered pulp, paper, recovered paper and wood based biomass price indices.

Feb 19, 2019

Market Comments

PIX Woodchip Global

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Woodchip Market – PIX Hardwood Chip Asia has replaced the PIX Hardwood Chip Global since January 15th, 2019.

Based on December values, the PIX Hardwood Chip Asia benchmark closed at 179.89 USD/t. Compared to the previous month, the index went up by 2.03 USD, or by 1.14%. The PIX Softwood Chip Global index kept heading down, this time by 3.45 USD, or by 1.77%, ending up at 191.73 USD/t.

The PIX woodchip indices, one for softwood chips and one for hardwood chips, cover overseas trade of wood chips destined to be used by the pulp and paper or panel industries. Prices are obtained from three sources: a) monthly prices received directly from buyers and sellers of wood chips b) monthly prices from public sources (customs statistics) and c) quarterly (or monthly) data received from WRI (Wood Resources International) who have been co-operating with Fastmarkets FOEX in developing these indices. Additional data providers are welcome. For more information, kindly contact us at tuomo@fastmarkets.com or hello.foex@fastmarkets.com or by phone (see contact details on foex.fi).