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FOEX
Indexes Ltd. is a private, independent company, specialized in operating as
a provider of audited, trade-marked pulp and paper price indexes. FOEX Indexes
Ltd. is continuing the activity started by Finnish Options Exchange in 1996.
ABOUT PIX PRICES FOEX's PIX indexes are benchmark price indexes
for various qualities of pulp and paper. They measure weekly the market price of
the pulp or paper in question. FOEX receives real trade information from parties
in the pulp and paper industry, from buyers, sellers as well as from agents. The
highest 10% and the lowest 10% of the prices are eliminated, and the PIX value
is calculated as an average price from the remaining price |