Fastmarkets invited feedback specifically on how to treat quarterly contracts in the monthly index calculation. Feedback received regarding this matter was divided, as some thought it is more important to take the quarterly deals into account separately, whereas other respondents did not see major differences and suspected this would make the price collection more difficult. […]

Timber prices continue to remain subdued by our estimates. Log demand and prices have declined in most major North American producing regions as the US housing market throttled back and mills were temporarily shut or reduced shifts. Timber prices are influenced by many factors, one of which is lumber prices. In the US, roughly 70% […]

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Fastmarkets will launch a European Spruce #2 2x4 16-foot assessment to add transparency to the most imported lumber item from Europe into the United States.

Due to a public holiday there is no PIX publishing on Tuesday December 24, 2024. The PIX Pulp and Paper Europe and PIX Sawn Timber Finland indices will be published on Friday December 27, 2024, at 12 noon Helsinki time instead. The PIX Pulp China indices will be published normally on Friday December 27, 2024, […]

Fastmarkets has corrected its FP-LBR-0395, LANL, KD SYP (west) 2 2×6 22-foot, which was published incorrectly on November 14, 2024. The error has been corrected. The correct value is below: FP-LBR-0395 LANL           $780 For comments and queries, please send email to: pricing@fastmarkets.com. This price is part of the Fastmarkets softwood products package. For more information […]

The publication of Fastmarkets’ daily Southern Pine #2 2x4 (eastside) FP-LBR-2227 assessment for October 21 was delayed due to a procedural lapse.

Fastmarkets (Random Lengths) plans to formally launch the industry’s first daily price assessment for Southern Yellow Pine #2 2x4 (eastside) on Thursday 8 August along with more than a year of pricing history.

Are fluctuating raw material costs worsening the US housing affordability crisis? Urgent action is needed to preserve homebuying opportunities, as explored by the Fastmarkets team

Fastmarkets FOEX would like to thank for the feedback received during the consultation period. It was fully supportive to our current methodology. To summarize, this open consultation does not lead to material changes in the current methodology. A newly dated methodology document will be soon posted.