N.A. SBS Markets Softer than Reported
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Wilde further notes that discussions with numerous trade players in the bleached board (SBS) arena suggest that this market is softer than reported. Producers have announced $40 - $50/ton price hikes on SBS, effective late-May/early-June. Demand is OK, but not as strong as last-year, Wilde adds. In May, SBS estimated prices were flat at $1,130 - $1,180/ton, +8.5% y/y. "Based on numerous trade discussions, it appears that the market is transacting well below these levels," he points out.
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