Dow Jones Expands Paper Stock Index

Index will track old corrugated containers in eight regions of the country.

Dow Jones Indexes announced the launch of seven Dow Jones Recovered Papers Indexes, one for each U.S. region that participates in physical transactions of OCC #11 grade corrugated paper. The Dow Jones Midwest OCC #11 Index, the first index in the series, was launched in February 2006.

The new indexes are the Dow Jones New England OCC #11 Index, Dow Jones Southeast OCC #11 Index, Dow Jones Mid-Atlantic OCC #11 Index, Dow Jones Southwest OCC #11 Index, Dow Jones Pacific Northwest OCC #11 Index, Dow Jones Northern California OCC #11 Index and Dow Jones Southern California OCC #11 Index.

"The Dow Jones Recovered Papers Index series provide industry participants with the most accurate and independent pricing information available needed to make appropriate risk and price assessments. The advantage of these indexes is that they average out wholesale monthly transactions, which is a more precise reflection of market activity.

The Dow Jones Recovered Papers Indexes are volume-weighted measures of monthly transactions of OCC #11 – a grade of recycled paper – that occur in each of eight U.S. regions. Participants provide Dow Jones Indexes with the price and volume information used to calculate the index. Both parties sign confidential disclosure agreements with audit provisions before the data is used. This process ensures the accuracy and privacy of information submitted.

The indexes were created through the consultation of the Dow Jones Recovered Papers Index Advisory Board, whose members include leaders in the paper, recycling and financial industries. The Board’s role is to ensure that the index’s methodology and calculation reflect the needs and demands of the industry.

The Dow Jones Recovered Papers Indexes will be available on the 6th business day of the month on the Dow Jones Indexes (http://djindexes.com) and Dow Jones Newswires (http://dowjonesnews.com) Web sites. The indexes also will be distributed directly by Dow Jones Indexes via electronic subscription.