N.A. Pulp Markets Rebound

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Softwood pulp prices are rebounding in North America, up $20/metric ton in November for a second consecutive month, according to Mark Wilde with Deutsche Bank. North American NBSK (northern bleached softwood kraft) pulp rose to $870/metric ton.

The key drivers are seasonally stronger demand, increased shipments to China, lower mill inventories, and autumn maintenance outages, Wilde explains. North American hardwood pulp prices were essentially flat m/m in November, except NBHK (northern bleached hardwood kraft) pulp, which was up $5-$10/metric ton, Wilde says.