Tuesday, October 1, 2013

Resolute, IP Increase Pulp Prices

Resolute Forest Products informed North American customers today that it will increase paper grade softwood kraft and fluff pulp prices $20/tonne, effective October 1, as reported by RISI.
Resolute slated its NBS northern bleached softwood kraft (NBSK) pulp at $970/tonne, up $20/tonne.
International Paper (IP) announced to customers in key markets that its fluff and southern bleached softwood kraft (SBSK) pulp prices would increase $20/tonne, effective October 1, as reported by RISI.  That's the same list various major producers announced, including Canfor Pulp, Domtar, Mercer International, and West Fraser.
Memphis-headquartered IP's fluff price increase is effective in the USA and Europe. It wasn't immediately clear if IP was also increasing fluff prices in emerging markets.
IP's move on fluff comes after Domtar and Weyerhaeuser separately informed customers in key regions they would increase fluff prices $20/tonne, effective Oct. 1. As RISI first reported, both firms announced new fluff list price levels at $960/tonne in the USA and Europe.