Turning Insights into Action
Recycled Fiber 360 stands apart from other price indexes because it utilizes transaction-based data. This approach offers a more accurate and granular view of market prices, as opposed to indexes that may rely on estimates or aggregated data.
By capturing and providing actual transaction prices, we provide insights that are grounded in real-world trading conditions, such as:
- Index Breakdowns by Region and Source: Gain invaluable insights with detailed breakdowns of price indices, which provide a clear understanding of regional and source trends. Source segmentation includes grocery, superstore, commercial/industrial, general #12, retail, MRF, and general #11.
- Historical Price Trends: Explore the past to predict the future. Our platform provides access to historical price data, enabling you to identify trends and anticipate market shifts.
- Indexed Tons vs. Open Tons Segmentation: Understanding the nuances between indexed and open tons will give you a competitive edge in negotiating deals and managing costs.
- Comparative Analysis: Benchmark your individual mills against others in the same geographic region to help you understand how you compare to the competition.
Introducing Transaction-Based Price Indices
Before this powerful, transaction-based solution, company leaders had no way to see how effectively their buyers were managing the largest expense.
With the introduction of Recycled Fiber 360, customers can finally answer the question: How does our OCC price compare to the market?
Recycled Fiber 360 revolutionizes how fiber buyers analyze their OCC purchases in their market.
What makes Recycled Fiber 360 Unique?
Transaction-Based Data
High-quality data based on actual transactions - not surveys or interviews.
Market Momentum Tracking
Isolate freely negotiated market movements with transactions classified as either contract or spot.
Benchmark Capability
Compare your mill's competitive position amongst peers in the region and chart performance over time.
Bringing Transaction-Based Price Benchmarking to Recycled Fiber Markets
The Gap Between Price Indices and Actual Transactions
Traditional recycled fiber price indices are unreliable and don't reflect the actual market, because they're not based on real market transactions. This gap has led to an unstable market and volatile prices, leading to increased frustrations for buyers, sellers, and traders of recycled fiber.
After conducting more than 30 interviews with buyers, sellers and traders of recycled fiber, here is what we’ve learned:
- Existing price indices do not reflect underlying supply and demand.
- Benchmarks do not accurately reflect differences in geography, product quality, or format.
- Current conditions do not enable reliable benchmarking of one’s own selling or buying activity.
Market Dashboard
- Geographic summary of mills, capacities, and price quartiles
- Market price trend
- Price distribution by volume
- Month-over-month price change
Mill Analysis
- Fiber cost by mill
- Fiber cost by region
- Selected mills fiber price trend
Export Trade
- Geographic summary of total exports from the US
- Export trade breakdown by region and state/province
- Weighted average price per ton by region
FAQs
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Why is ResourceWise pursuing this now?Over the couple of years, many customers have expressed their frustration with the current system. They see the index move in ways that do not match what they see in their own businesses and are therefore concerned that surveys may be biased toward one group and fail to reflect differences in regions, products, and quality. At ResourceWise, we want market movements to no longer feel unexpected. Instead, we want to provide companies with numbers that will actually mirror the movements they are seeing in their businesses.
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Who can receive the price data once it is published?The service is a “give to get” system. Only data contributors can receive all the data that is available through our new service. We do plan on making a simple, high-level, aggregated index available for the market, as we understand that there are some companies that will require access to the data to comply with copyright laws, but who do not buy or sell OCC. This is also necessary for a well-functioning marketplace.
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How do subscribers access the data and benchmark?Recycled Fiber 360 is only available via the SilvaStat360 platform, which is a flexible, customizable digital environment that provides on-demand data for participants across the forest value chain. SilvaStat360 is designed to be a convenient, one-stop repository of the datasets that are most important to you, including pricing, macroeconomic, forest inventory and precipitation data.
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How will I know my data is safe and confidential?We use modern technology and encryption to transfer and store your data. Our robust systems currently process 90 million transactions each year in the wood raw material part of the value chain (timber, logs, chips, and lumber). Many North American packaging pulp mills already use our systems to transmit wood pricing data, from which market indices are created.