What’s Happening to Market Pulp?

After we have witnessed a declining price totaling $250/ton (down 29%) over the last eight months, NBSK prices remained at $635/ton in May. Note, we recently outlined Domtar is out with a $30/ton price increase for June. While the USA markets are not exactly strong, prices have risen the last 3 months in areas such as China, despite, a huge amount of supply has been taken
out of capacity. Further, we are approaching the seasonally slow summer period, and inventories are likely building.