RISI and FOEX launch new US NBSK net price initiative

The pilot program kicked off with market consultation in Q4 2015 and actual contributions starting in January, 2016.

FOEX and RISI continue to operate as separate price reporting agencies. The current RISI US NBSK effective list prices and spot prices will continue uninterrupted. The current PIX US NBSK price will continue until further notice.

“It is critical that we have actual market participants involved in the testing and validation of this new index. We now have enough contributors for a viable index, however, we will continue the pilot phase through August in order to build up 6 months of solid history,” said Martti Airisto, Director, FOEX.

During the pilot period, the index will be available only to those who contribute data.

RISI is the leading information provider for the global forest products industry. The company works with clients in the pulp and paper, packaging, wood products, timber, biomass, tissue and nonwovens industries to help them make better decisions.