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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
prices. |