FOEX in cooperation with Wood Resources International (WRI) have launched two wood chip price indices, the Softwood Chip Global (SCG) and Hardwood Chip Global (HCG), both part of the PIX index family of FOEX.
The Indices represent prices for wood chips traded globally overseas for the manufacturing of wood pulp and wood-based panels. The latest reported Indices were US$168.63/odmt (+5.18% from the prev. month) for SCG and US$183.13/odmt (-2.15% from the prev. month) for HCG. The Indices will be reported monthly the third Tuesday of the month on the FOEX web site.
