Pulp Prices Drop

The total stocks of paper indicates that mass market have faced a major price correction. Analyst comments from the Newsagency Direkt is refered in an in the Swedish business magazine Dagens Industri.
The magazine continues reporting from Paper Products Council, RISI and Foex. Spot prices on NBSK pulp has fallen from a peak of over $ 1,020 to just over $ 990 per tonne according to Foex. According to a newsletter from PPI Europe numerous contracts have been signed in levels as low as $ 1,000 per tonne.