#London #United Kingdom #Fastmarkets #Expana #Forest Products

Fastmarkets and Expana Join Forces for Forest Market Insights

Fastmarkets, a global leader in commodity price reporting, and Expana, renowned for its market intelligence in agri-food sectors, have announced a groundbreaking strategic partnership. This collaboration aims to enhance the depth and accessibility of information related to forest products, catering to both buyers and sellers navigating a complex marketplace.

Streamlining Market Insights

The integration of Fastmarkets' authoritative price references into Expana's platform signifies a monumental shift for users seeking streamlined access to essential pricing data. This partnership will allow clients to obtain crucial pricing information and market analyses for forest product categories such as pallets, wood, recycled paper, and packaging—all consolidated within a single workflow.

Raju Daswani, CEO of Fastmarkets, emphasized the increasing volatility in forest products markets and the pressing need for reliable pricing benchmarks integrated with downstream information. According to him, “As forest product markets experience heightened fluctuations, our partnership with Expana facilitates access to dependable pricing combined with essential downstream insights, fostering quicker and more informed decision-making for clients.”

Backing a Reliable Approach

Fastmarkets is trusted worldwide for providing some of the most reliable evaluations in the forest products sector, including metrics on pulp, derived paper, wood, biomass, and packaging materials. The benchmarks presented offer transparency and confidence to an array of stakeholders, including buyers, sellers, and traders.

Julie Harris, CEO of Expana, reiterated her organization's commitment to delivering comprehensive and reliable market data. She noted, “The integration of Fastmarkets' reputable price indices enhances the resources available to our users, marking a crucial step in enriching the information accessible on our platform.”

Comprehensive Supply Chain Insight

Expana specializes in extensive market information and analyses pertaining to supply chains in the food and beverage industry, emphasizing packaging materials, industrial inputs, and cost-modeling techniques. Thanks to advanced analytics and forecasting tools, Expana empowers clients to discern the links between raw materials and supply chain impacts. This equips them to make more strategic procurement decisions amidst volatile market conditions.

The partnership of Fastmarkets and Expana stands as a testament to their mutual dedication to elevating market transparency and providing superior information to clients in the supply chain. By combining forces, these industry leaders are poised to deliver unparalleled insights that are crucial for effective decision-making.

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About Fastmarkets

Founded in 1913, Fastmarkets has a rich legacy, having consolidated multiple brands with roots going back to 1865. Today, Fastmarkets operates globally with over 700 professionals, offering vital pricing, analysis, forecasts, and market insights across sectors including agriculture, forest products, metals, and energy transitions. Fastmarkets is a privately-held firm supported by Astorg, a distinguished European private equity company.

About Expana

Expana leads in price reporting focused on the agri-food sector, providing critical insights in markets characterized by volatility and risk. Expana assists businesses in making informed decisions about when to buy or sell, sourcing materials, reformulating products, and setting prices. By merging frequently updated pricing data, forecasts, cost models, and expert analyses, Expana transforms market data into actionable insights, ultimately leading to reduced risks and enhanced supply chain resilience.