Price Watch: Södra raises price for softwood pulp in Europe from June 1st
(Stockholm, Sweden, June 22, 2016) Södra, Mercer International, and Metsӓ Fibre are trying to lift NBSK prices in Europe to $830/tonne.
Sodra announced that due to a stronger global market and solid demand, it will increase its market price for NBSK deliveries in Europe to USD 830/tonne, effective from June 1st 2016.
Recent market statistics support the positive signals we had already noticed. “The softwood pulp market is strong and we anticipate the market will tighten even further”, said Magnus Björkman, Vice President Södra Cell.
An EUWID news report confirmed the market sentiment. “Although the implementation of the April hike for softwood pulp was still underway in May, suppliers announced new increases on 31 May 2016. From mid-May, suppliers of softwood pulp announced they were increasing softwood pulp prices with immediate effect or from 1 June.”
“The latest market statistics support the positive signals that we have been getting: the softwood pulp market is stable and we expect demand to gather pace”, EUWID quoted a company producer as saying justifying the hikes.
(Source: Sodra press release / industry reports)