Launch of western GMA pallet prices

Fastmarkets has launched a series of six US pallet assessments in response to increased demand for price information for the ubiquitous industrial shipping platform.

The initial assessment will be published Wednesday, August 21.

Pallet price specifications are as follows:

FP-LBR-2231 Pallets, western softwood, GMA A-grade, delivered Chicago, $/pallet

FP-LBR-2234 Pallets, western softwood, GMA A-grade, delivered Dallas-Fort Worth, $/pallet

FP-LBR-2236 Pallets, western softwood, GMA A-grade, delivered Los Angeles, $/pallet

FP-LBR-2232 Pallets, western softwood, GMA A-grade, delivered New York City, $/pallet

FP-LBR-2235 Pallets, western softwood, GMA A-grade, delivered Seattle, $/pallet

FP-LBR-2233 Pallets, western softwood, GMA A-grade, delivered San Francisco, $/pallet

Size: 48×40 inches

Species: Western softwood

Location: delivered Chicago, New York, San Francisco, Dallas, Seattle, Los Angeles

Grades: GMA A-Grade

Unit: US dollars per pallet

Payment terms: Cash terms, no discounts included

Publication: Monthly, third Wednesday of each month, 3:00 p.m. PT

Note: Prices are reported in a range

The pallet price series will initially be available as part of the wood products package on the Fastmarkets platform. They will also be published via a monthly email newsletter and on the Fastmarkets website.

Pallet prices are assessed in alignment with the International Organization of Securities Commissions (IOSCO) best standards for price reporting agencies (PRAs).

To provide feedback on the new assessment or if you would like to provide pricing information, please contact Ian Templeton by email at pricing.forest@fastmarkets.com. Please add the subject heading “FAO: Ian Templeton re: pallets.”

To see all Fastmarkets pricing methodology and specification documents, go to: https://www.fastmarkets.com/methodology

What to read next
An incorrect EUR/USD exchange rate, used to convert the cost of inputs priced in euros to US dollars, caused the prices to be calculated incorrectly. This has now been rectified. The following prices were affected: AG-SAF-0004 Sustainable aviation fuel (SAF max), base cost, exw Netherlands, $/tonnePublished incorrectly as: $2,995 per tonneCorrected to: $1,996 per tonne […]
The publication of Fastmarkets’ European aluminium billet premiums assessments for Friday February 6 was delayed because of a procedural error. Fastmarkets’ pricing database has been updated.
Fastmarkets has corrected its MB-GD-0001 Gadolinium oxide 99.99%-99.999% fob China, $/kg price, which was published incorrectly.
Fastmarkets launches MB-STE-0951 Steel hot-rolled coil index, fob mill Canada on Thursday February 5.
The consultation, which is open until Friday March 6, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, 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 […]
The price subject to this annual review is Fastmarkets’ MB-STE-0141 steel billet import, cfr Manila, $/tonne.​This consultation, which is open until Friday March 6, seeks to ensure that our methodologies continue to reflect the physical CFR Manila steel billet market, in compliance with the International Organization of Securities Commission (IOSCO) principles for price reporting agencies (PRAs). This […]