HELSINKI, Nov. 12, 2015 /PRNewswire/ -- Based on thorough research and several months of collaboration with FOEX's sister company RISI and key players in the German recovered paper sector, the new indices are designed to specifically serve stakeholders of the extensive 16 million tonne German recovered paper market.
The new PIX RCP Germany indices are monthly price averages and are published on the second Tuesday of the following month at 11am CET.
The new PIX indices include:
- PIX RCP Mixed 1.02 GER for CEN 1.02 Mixed paper & board, sorted (Sortiertes Gemischtes Altpapier)
- PIX OCC 1.04 GER for CEN Supermarket corrugated paper & board (Kaufhausaltpapier), and
- PIX ONP/OMG 1.11 GER for CEN 1.11 Sorted graphic paper for deinking (Sortierte Deinkingware).
In collaboration with RISI, the new PIX prices will be published in a new monthly German-language newsletter.
The new PIX indices are compiled solely by FOEX using the audited and well-known PIX methodology (including both buyers and sellers of the product represented equally), with market commentary in German language provided by native German news editors of RISI.
Tytti INKINEN, Senior Manager at FOEX, said "We're very happy to have received the full support of key stakeholders and associations in Germany for this new PIX RCP initiative. The prices will be available to all current subscribers of our PIX Pulp & Paper Service."
For more information contact: Tytti INKINEN, Senior Manager, FOEX; [email protected]; +358.9.4391.0323
About FOEX Indexes Ltd
FOEX Indexes Ltd is a specialised provider of audited, trade-mark registered pulp, paper, recovered paper and wood based bioenergy/biomass price indices. FOEX is based in Helsinki, Finland.