U.S. Market Pulp Prices Stay Flat in January, Rise in China
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As expected, U.S. pulp prices remained flat in January on a m/m basis, Mark Wilde, senior analyst with Deutsche Bank, reports. In China, he says, prices continue to rise. NBSK rose $10/metric ton in January and is expected to rise another $10 - $20/metric ton in February. Domestic hardwood prices remain flat, but fundamentals appear weaker than softwood. "We are hearing reports of Brazilian producers offering $10- $20/metric ton discounts on BEK in the U.S," Wilde noted.
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