This public consultation will be open until February 15, 2024 and will comply with the International Organization of Securities Commissions (IOSCO) Principles for Price Reporting Agencies (PRAs) and ensure that our methodology continues to reflect the underlying cash market. We aim to guarantee that. This includes all elements of the pricing process, pricing specifications, and publication frequency.
Fastmarkets FOEX does not propose any changes to the current PIX Sawn Timber Finland methodology and specifications available here.
Please send your responses in writing, preferably in electronic format, to the address pricing.foex@fastmarkets.com. Please add the heading “PIX Sawn Timber Finland Annual Methodology Review 2024” to the subject line.
We will treat your feedback as confidential. We will share responses with the industry at the end of the consultation without any attribution of responses to protect the identity of our respondents. Please specify whether your answers are anonymous. If anonymous, it will not be shared in any form.
Fastmarkets will publish the results of this methodology review, including a summary of feedback, except for those marked as anonymous, by February 29, 2024. Any material change, price discontinuation or launch proposal will require separate market consultation. The period depends on the extent of the change.