Market Pulp Pricing Depressed

Industry experts believe pulp prices are 20% too high. North America demand has decreased and suppliers continue to produce pulp; creating inventory. The benchmark grade NBSK (Northern Bleached Softwood Kraft) list price has declined from high of $680/MT (4/05) to $650 (5/05) to $630/mt today (7/05). Current spot Market pulp pricing ranges from average of $570/mt. to a low of $500/mt.