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Market pulp producers, after holding flat in December, have announced price hikes of $20 - $30 per metric ton in the U.S., Europe, and Asia, reports Mark Wilde, senior analyst with Deutsche Bank. Producers set the NBSK price at $850 per metric ton (+ $20) in the U.S., $830 per metric ton (+ $30) in Europe, and + $20 - $30 per metric ton in Asia, with China at $720 - $730 per metric ton. The price hikes, Wilde notes, are driven by low inventories and tight supplies. For Euro-based customers, higher U.S. dollar pulp prices and the recent U.S. dollar bounce will produce a double-barreled price bump in
January.
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