Proposal to launch Coated ivory board, Chinese exports to Southeast Asia FOB assessment: pricing notice

Fastmarkets has observed a surge of China’s coated ivory board exports, with Southeast Asia as a key destination, hence the need to include it in our price coverage for the Asian packaging board industry.

The proposed specifications of the new price assessment are as follows:

Coated ivory board, 250g/m², Chinese exports to Southeast Asia FOB, $/tonne

Quantity: Minimum 100 tonnes

Location: China

Incoterm: FOB, from Chinese main ports to Southeast Asian main ports

Timing: Orders taken in the month to date for shipment in the current month or the following month

Unit: US dollar per metric tonne

Payment terms: Assume normal and customary payment terms.

Price type: Prices reflect open-market transactions. Transfers between affiliates and transactions whose price is indexed to a published price are excluded.

Publication: Monthly, in the last week of the month or first week of the following month

Assessment Type: Range price assessment

Notes: The price assessment reflects the range in which the bulk of transactions take place. Prices are for prime-quality tonnage with normal trims. The product, with its bulkiness at around 1.3-1.4 cm³/g, has a multilayer fiber structure with bleached chemical pulp in the top and bottom layers and chemi-mechanical pulp in the middle. It usually features double or triple coating on the front and a thin layer of coating on the reverse side.

The price will be part of the Fastmarkets Paper Packaging package.

The consultation period for this proposed launch starts from December 18, 2024 and will end on January 31, 2025. The launch will take place, subject to market feedback, on February 28, 2025.

To provide feedback on this new launch or if you would like to provide price information by becoming a data submitter to this price assessment, please contact Shawn Wang by email at pricing@fastmarkets.com. Please add the subject heading “FAO: Shawn Wang, re: Coated ivory board, Chinese exports to Southeast Asia FOB.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.