Softwood Pulp Still Under Pressure
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Softwood prices remain under pressure, Marke Wilde, senior analyst with Deutsche Bank, reports. In hardwood grades, he says, "the market tone appears to have improved a bit after a sharp fall-off in prices over the past five months. U.S. NBSK (northern bleached softwood kraft) prices are set to fall $30/metric ton this month, to $890/metric ton. Spot prices are much lower—in the $600 - $650/metric ton range. In BEK (bleached eucalyptus kraft), Fibria recently announced a price increase in Europe and China. Spot hardwood prices are in the $500 - $550/metric ton range."
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