North American pulp producers Domtar, West Fraser, Canfor Pulp, and Tembec have all announced a $20/metric ton decrease for U.S. NBSK (northern bleached softwood kraft) pulp, which would take list prices to $950/metric ton ($85/metric ton below July’s peak of $1,035/metric ton), Mark Wilde, senior analyst with Deutsche Bank, reports.
Realized contract prices (netting out ˜20% discounts off list) and spot prices are much lower, he notes, adding that several producers are expected to take downtime in the fourth quarter.
TAPPI
http://tappi.org/