Open consultation on methodology for Woodfiber & Biomass Markets

Fastmarkets RISI is inviting feedback from the industry on the pricing methodologies for Woodfiber & Biomass Markets, as part of its announced annual methodology review process.

This consultation, which is open until February 13, 2023, seeks to ensure that our methodologies continue to reflect the physical market under indexation, 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 specifications and publication frequency.

At the same time, to reflect the market situation, Fastmarkets RISI is proposing to discontinue the assessment for hardwood sawmill chip markets.

You can find the current methodology for Woodfiber & Biomass Markets here.

Please send responses in writing, preferably in electronic format, to the following address: pricing.risi@fastmarkets.com. Please add the respective subject heading “Woodfiber & Biomass Markets, 2022.” Please specify whether your response is confidential. Opinions offered in confidential responses may be referenced but will not be attributed in any way.

Fastmarkets will publish the outcome of this methodology review by February 20, 2023, including a summary of the feedback with the exception of those marked as confidential. Any proposals to make material changes, discontinue or launch prices will involve a separate market consultation, the length of which will depend on how substantial the change is.

What to read next
Fastmarkets has corrected its AG-SYB-0078 Crush Margin China Soy (Brazil) M1 Yuan/mt; AG-SYB-0079 Crush Margin China Soy (US Gulf) M1 Yuan/mt; and AG-SYB-0082 Crush Margin US Soy M1 c$/bu for the period between December 2-13, 2024, which were published incorrectly due to a procedure lapse error. Fastmarkets has also corrected its AG-SYB-0078 Crush Margin China Soy (Brazil) M1 Yuan/mt and AG-SYB-0079 Crush Margin China Soy (US Gulf) M1 Yuan/mt for November 20 and November 29, 2024, which were published incorrectly due to a typo.
Fastmarkets has corrected its MB-AL-0350 aluminium ingot ADC 12, exw dp China assessment, which was published incorrectly on Tuesday December 24, 2024.
Fastmarkets will not publish any price assessments for US animal fats and oils; animal proteins; biomass-based diesel; hide and leather; grain and feed ingredients; organic/non-GMO; and vegetable oils on Wednesday January 1.
Fastmarkets will publish price assessments for US animal fats and oils, animal proteins, biomass-based diesel, hide and leather, grain and feed ingredients, organic/non-GMO and vegetable oils at 12:00pm Central time on Tuesday December 31 due to the early closure of the Chicago Mercantile Exchange (CME) ahead of the New Year holiday.
Fastmarkets has discontinued its MB-GER-0001 germanium dioxide, in-whs China, $ per kg price assessment after its last publication on Friday December 27.
Fastmarkets proposes to discontinue its MB-RUT-0003 Rutile 95% TiO2 min, bulk, cif China price assessment.