Baoshui and PW announced the pulp quotation in July
Bowater and Parsons Whittemore (p w) respectively informed their customers to increase the pulp price from July 1
the current price increase plan of Baoshui is only for North America, while PW is for the world; Both companies announced price increases on June 21. The two companies announced price increases for: South bleached cork kraft pulp (SBSK), North bleached hardwood kraft pulp (nbhk) and South bleached hardwood kraft pulp (sbhk); Their price increases are all $20/mt, but p w's quotation is higher than that of Baoshui:
SBSK - Baoshui: $480/MT; P w: 490 US dollars/metric ton
nbhk - Baoshui: 470 US dollars/metric ton; P w: 490 US dollars/metric ton
sbhk - Baoshui: 460 US dollars/metric ton; P w: $480/MT
this is the first known price increase announcement of hardwood pulp produced in North America, and it is also the first price increase announcement for SBSK recently. On May 30, Georgia Pacific announced that it would raise the price of SBSK by $20 in June and July respectively. The price level after the price increase is the same as that announced by PW
so far, only Baoshui and Weyerhaeuser of the United States have set the quotation of northern bleached cork kraft pulp (n BSK only under the same experimental conditions) at $510/MT in July, while canFor of Canada, Sodra of Sweden and Pope Talbot of the United States have set the quotation at $520/Mt
Baoshui said to its customers that it was reasonable to raise the price of NBSK by $10 per metric ton, especially when Huihao, which dominates the market, only announced the price increase of $10
the market is still waiting for price increases from other North American manufacturers and Brazilian eucalyptus pulp manufacturers
the change of exchange rate also encouraged manufacturers: 1 euro was equivalent to US $0.97 on June 24. A senior person said, "since 80% of the pulp market is overseas, monetary factors will drive the success rate as a driving force." He pointed out that the rapid depreciation of the United States was an important driving factor in the strength of the pulp market in the late 1980s and 1995
he said that the depreciation of the US dollar helped North American manufacturers compete with Nordic manufacturers on the same basis
the senior management of another pulp manufacturing company said that for North America, which is struggling to be satisfied, the depreciation of the US dollar came at the right time. He said: "most packaging materials pose a serious threat to the ecological environment. American manufacturers cannot survive at the low end of the market for a long time. At the low end of the market, they are completely excluded and cannot compete with Brazilians."
low inventory shows that pulp manufacturers benefit a lot. At the same time, many insiders also believe that mechanical failures outside some southern pulp mills have also led to a tight market: "they have a huge impact on Southern wood pulp. Today's supply has dried up."
however, some people continue to worry about whether the pulp market can survive the summer safely, especially in the case of increased pulp production (the end of spring overhaul) and fewer buyers in the coming months. A marketer said, "we don't have a crystal ball to see what the future will be like."
insiders still pay special attention to the paper market, especially printing paper. The depreciation of the US dollar will also have a negative impact on the European market for chemical pulp and paper coating, that is, the breakpoint ratio setting page, because the attractiveness of exports to the United States will decline
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