A mix of strong demand and supply side issue are propelling prices for European pulp upwards, but different stories are observed in hardwood and softwood markets
Prices rise $40-100/tonne, bleached hardwood kraft surge outpaces bleached softwood kraft
Rising demand drives price hike as low-stock mills seek volume
Supply disruptions and pulp shortages are influencing rising prices
Constant shipping delays disrupt Chinese pulp market supply
Fastmarkets, the industry-leading cross-commodity price reporting agency (PRA), is delighted to announce the successful completion of an external assurance review of its NBSK CIF China assessment. This milestone confirms its alignment to the standards defined by the International Organization of Securities Commission (IOSCO) within the Principles for Oil Price Reporting Agencies.
With China’s pulp import market remaining at a standstill and the bleached softwood kraft (BSK) pulp futures market continuing to slump, prices for the two newly-launched China pulp futures contracts on Oslo-based Norexeco dipped slightly at the front end.
NOREXECO ASA, the international pulp and paper exchange, launched two cash-settled China pulp futures contracts on June 1 based on Fastmarkets’ prices to meet growing demand for hedging in the international pulp market.