Due to a procedural error, the latest prices for the US Northeast region was not incorporated into the comparative prices for the quarter. This impacted the calculations for the three markets below.
FP-CHP-0036 Chips, Hardwood, delivered US Northeast, Comparative Regional Price, USD/GT, which was published incorrectly at $50 per gross ton. This has been corrected to $48 per ton.
FP-RWD-0025 Roundwood, Hardwood, delivered US Northeast, Comparative Regional Price, USD/GT, which was published incorrectly at $50 per gross ton, this has been corrected to $51 per ton.
FP-RWD-0029 Roundwood, Softwood, delivered US Northeast, Comparative Regional Price, USD/GT, which was incorrectly published at $53 per gross ton. This has been corrected to $51 per ton.
Fastmarkets’ pricing database has been updated to reflect this change.
This price is part of the Fastmarkets Forest Products package.
For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data submitter to these prices, please contact Justin Yang by email at: Justin.Yang@fastmarkets.com. Please add the subject heading “FAO: Justin Yang, re: North American Wood Fiber and Biomass Correction.”
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To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.