Wednesday, June 10, 2009
More on Pulp Prices
FOEX’s index for northern bleached softwood kraft (NBSK) pulp jumped by $12.35/ton to $607.05/ton this week as a result of capacity cuts and closures, as well as a weak U.S. dollar and strong shipments to China. In fact, shipments of market pulp to China are up 71% in the first four months of this year.
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1 comment:
Very interesting comments made ... Many think the Chinese are stock piling and they will stop buying suddenly. My guess is the summer might be difficult.
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