Mark Wilde, and Brian McClay, publisher of Market Pulp Monthly held a presentation, which I attended, I include notes on presentation on this session of the Pulp Market.
-Pulp prices have been rising steady over the past decade to today’s highest prices in 10 years.
-December 2007 price
NBSK $880/MT includes Dec2008 increase - which met with no resistance
Southern Pine $840/MT
Northern Hardwood $790/MT
BEK $800/MT
-Inventory remains steady for year at 32 days
-Market Pulp demand for 2007 is $52million up 2.5% from 2006
-China continues to grow their demand for pulp
-Hardwood fiber supply down given mill closures and transfer of production
-Softwood demand flat
-Look for First quarter of 2008 to be slow
-USA recession
-Europe slow as well
-Continued cost pressure on pulp producers – energy, freight, and wood chips
-Watch for Finland labor agreement, contracts up in April – big pulp producer
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment