Global Pulp Slide Continues
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Global pulp prices continue sliding, reports Mark Wilde, senior analyst with Deutsche Bank, New York, N.Y., USA. Wilde says that major North American mills have dropped U.S. NBSK (northern bleached softwood kraft) prices by $30/metric ton in November. Declines in China are bigger, he points out.
Mercer has announced a $700/metric ton level for NBSK to China in November, according to Wilde, who adds that Ilim dropped its softwood pulp to China by $80/metric ton for November. During October, most producers were at $780 - $790/metric ton, he notes.
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