PRICING NOTICE: Open consultation on methodology for US RCP
NEW YORK, July 23, 2021 (PPI Pulp & Paper Week) – Fastmarkets RISI is inviting feedback from the industry on the pricing methodologies for US recovered paper assessments, as part of its announced annual methodology review process.
This consultation, which is open until Aug. 31, 2021, 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.
You can find the current methodology for North America recovered paper here.
Fastmarkets RISI is seeking feedback from the industry on a potential discontinuation of assessment for No. 24 white blank news (WBN) due to a substantial decrease in availability, and demand, of the grade in the USA.
Please send responses in writing, preferably in electronic format, to the following address: firstname.lastname@example.org. Please add the respective subject heading “North America RCP methodology review.” 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 Sept. 15, 2021, 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.