Jan 28, 2022

PRICING NOTICE: Open consultation on changes to PIX US Pulp coverage in the UNITED STATES – Final Decision

HELSINKI, January 28, 2022 (PIX Pulp & Paper Indices) - Fastmarkets FOEX invited feedback from the industry in an open consultation process between December 1, 2021 and January 14, 2022, on our proposals to:

a)      develop a monthly NET index for PIX US NBSK pulp in the format (e.g.) 900 USD/metric ton.

b)      discontinue the current PIX US NBSK (gross) and PIX US NBSK Net Change indices by June 30, 2022.

Fastmarkets FOEX would like to thank those who took the time to respond to the consultation. We received comments from the market during the consultation period where both a) and b) received support as well as discouragement.

a)    The majority of respondents were not in favor of launching a new net price index.

b)    The majority of respondents were not in favor of discontinuing the current PIX US NBSK (gross) index.

The final decision by Fastmarkets FOEX is the following:

a)    Not to develop a new net price index in the US market at this stage.

b)    1.    To continue the PIX US NBSK gross index.

2.    To discontinue the PIX US NBSK Net Change index by June 30, 2022.

For all Fastmarkets FOEX pricing notices and to view Fastmarkets FOEX methodology guides please see here.

For comments or queries, please email hello.foex@fastmarkets.com indicating “PIX US Pulp” in the subject line of the email.