Tuesday, January 8, 2013

West Fraser Joins Others in Pulp Price Increase

One of North America's leading producers of northern bleached softwood kraft (NBSK) pulp, West Fraser, announced to domestic and European customers that it was increasing prices effective January 1, industry contacts said.
Vancouver-headquartered West Fraser informed North American customers that its NBSK list price would increase to $900/tonne. The firm also also advised European customers that its price would be $840/tonne.
West Fraser's NBSK price increase, which it announced to customers in late December, is similar to hikes various major producers set for Jan. 1 in the USA and Europe.
Major producers that set US NBSK list prices at $900/tonne included Canfor Pulp, Resolute Forest Products, and Domtar, the first NBSK producer globally to set a January increase on Dec. 11. The increases are $30/tonne.