Tembec informed customers it would increase the price of northern bleached softwood kraft (NBSK) pulp by $40/ton to $700/ton effective July 1. Earlier, we reported Canfor Pulp, Northern Pulp Nova Scotia, West Fraser and Domtar announced an NBSK list price hike to $700/ton in North America.
Most buyers now feel North American NBSK prices will actually rise (first time in 11 months) Perhaps ‘real’ June increase felt will be $25/ton to $660/ton, driven by reduced supply from production downtime and closures and continued strong demand from China. Spot USA NBSK prices for big purchases might rise $15/ton to $510-530/ton. Reports suggest that most of the major producers are planning to increase prices again by $30-40/ton for July shipments.
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