Wednesday, March 18, 2009

Pulp Markets Continue to Decline

The price and demand for pulp continued to decrease for the seventh straight month.
>NBSK list price fell $25 to $650 (down from high of $885/MTon - August 2008)
>Hardwood - NBHK down $30 to $565; SBHK now $560
>BEK list is $585/MTon
Note, Pulp today is traded at large discounts off above list prices. Recent report outlined
>NBSK under $500/MTon
>NBHL & SBHK @$400/MTon
>BEK @$400/MTon
Even with massive downtime, inventory was near record high of over 5Million tons in November.

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