Pulp Prices in China Easing
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According to Mark Wilde, senior analyst with Deutsche Bank, Chinese pulp prices are easing. Russia's Ilim cut NBSK (northern bleached softwood kraft) prices in China by $70/metric ton and NBHK (northern bleached hardwood kraft) by $20/metric ton. Chile's Aruaco also has reportedly reduced prices in China, Wilde notes. "We've also received reports of more ‘spot' deals in the U.S.," he adds.
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