Become a customer

Annual Review of PIX Packaging GCC (Middle East) Price Indices Methodology – Final Decision

Fastmarkets FOEX invited feedback from the industry in an open consultation process between April 18 and May 16, 2024, on the pricing methodology for its PIX Packaging GCC (Middle East) price indices. The consultation was done as part of our annual methodology review process.

May 17, 2024
By the Fastmarkets team
Middle East Packaging Packaging Paper and Board Pricing consultations Pricing notice

Fastmarkets FOEX would like to thank those who took the time to respond to the consultation. Fastmarkets FOEX did not propose any changes to the methodology. The feedback was fully supportive of the current methodology.

To summarize, this open consultation does not lead to material changes in the current methodology. A newly dated methodology document has been posted.

Case Study
What’s behind your packaging price?

Learn how to monitor packaging prices using cost and price indices and understand the underlying cost drivers, from material cost to labor, energy and more. Examples include cartonboard, liquid container and paper bag.

Access index builder model examples
What to read next
Correction to Fastmarkets’ No1 heavy melt, No1 busheling and shredded auto scrap daily composite calculations for Wednesday April 9:
The daily composite prices for these grades were incorrectly calculated without the settled Chicago assessments on April 9. The composite prices for No1 heavy melting scrap and No1 busheling are calculated using the average settled prices for Chicago, Philadelphia and Pittsburgh. The composite price for shredded auto scrap is calculated using the average settled prices […]
April 10, 2025
Launch of meat and bonemeal export price, Vietnam, Thailand
The prices include historical data starting from February 2003 for export to Thailand and Vietnam. The two prices are:AG-MBM-0022 Meat and bone meal, bovine, export, cfr Thailand $/tonneLocation: CFR, Export to ThailandTiming: Shipment the next calendar monthUnit: USD per tonnePublication: Weekly, Thursday 1pm eastern timeNotes: Meat and bone meal pro 50% AG-MBM-0023 Meat and bone meal, bovine, […]
April 10, 2025
 · 
By Chloe Krimmel
Launch of two US 400-series stainless steel prices
With these two additional price assessments, Fastmarkets intends to supplement its current stainless steel offerings to further serve the white goods and automotive industries. Ferritic or 400-series stainless steel products occupy a middle ground between the austenitic stainless grades and coated products such as hot-dipped galvanized and painted steel. With this launch, Fastmarkets intends to […]
April 10, 2025
 · 
By Dan Hilliard
Launch of China EV battery scrap, black mass prices
These new prices will complement Fastmarkets’ extensive suite of black mass payables indicators and prices across Asia, Europe and North America. The new launches take Fastmarkets’ total offering of black mass payables indicators and prices for black mass and EV battery scrap to 21 assessments. China is the world’s largest lithium-ion battery recycler, with more […]
April 10, 2025
 · 
By Lee Allen
Publication of Fastmarkets’ Steel scrap No1 busheling, delivered mill Chicago assessment on Wednesday April 9
This price is part of the Fastmarkets Scrap package. For more information on our North America Ferrous Scrap methodology and specifications please click here. To get in touch about access to this price assessment, please contact customer.success@fastmarkets.com.
April 10, 2025
 · 
By Amy Hinton
Launch of two European domestic green long steel price assessments: pricing notice
The introduction of two new green longs prices will further enhance Fastmarkets’ global green steel coverage, providing a critical reference point for European steel producers and international suppliers aiming to sell green steel in Europe.  The Northen European market, particularly Nordic countries, are key consumers of green steel in Europe, hence the new premium and […]
April 9, 2025
 · 
By Vlada Novokreshchenova