The hottest IP and Baoshui join the ranks of price

2022-08-09
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IP and Baoshui joined the ranks of price reduction

last Tuesday, after the price of northern bleached cork kraft pulp (NBSK) commercial pulp increased from $710/ton to $680/ton, the price of commercial pulp entered a new stage

nbsk quotation decreased by $30 per ton, while the decline of other varieties was $1. A

manufacturer said that since then, the price gap between other pulp varieties and NBSK is closer to the historical level

according to the tradition of weak market under the accelerated deterioration of China's economy, manufacturers did not reduce prices through statements, but informed their customers one by one

both buyers and sellers believe that the market pulp price in the United States has stabilized recently. They said that the European market is more uncertain, but the price is generally consistent with that of the United States, while Asia is still very unstable

the new pulp price level in the United States is as follows (it may also be used in Europe, but it does not rule out the possibility of further discount):

NBSK's research and Prospect of 71 raw plastic modified concrete is reduced from $0/ton to $680/ton

South bleached cork kraft pulp (SBSK): 690/670 US dollars/ton, down to 640/660 US dollars/ton

Northern bleached hardwood kraft pulp (nbhk) fell from $680/690/ton to $630/ton (some high-density varieties were $650/ton)

South bleached hardwood kraft pulp (sbhk) decreased from $670/680/ton to $620/640/

ton

a buyer in the eastern United States claimed that Bowater and IP had informed him respectively how to use NBSK after Sodra in Sweden, metsa Botnia in Finland, Weyerhaeuser and canFor in the United States

he also said that the prices of other varieties of Baoshui were reduced by $50 per ton compared with the previous ones: SBSK 640 US $

yuan/ton, nbhk 630 US $/ton, sbhk 620 US $/ton; The decline of other varieties of IP was $40

, that is, SBSK was $660/ton (the same is true of Huihao's new price), nbhk was $650/ton

(IP produced high-density varieties), and sbhk was $640/ton

Mitsubishi pulp sales company in Japan has also informed users of the new price: NBSK 680 US dollars/ton

(Mitsubishi's output is small), nbhk 630 US dollars/ton

as for Europe, a North American supplier said, "in the United States, NBSK sells for 680

yuan/ton, and nbhk sells for 630 US dollars/ton. It seems that it can be done, but the European market is more difficult." His table

shows that the demand of European customers is normal, but "I don't know how the price will go."

another North American supplier said that Europeans were unwilling to do business in southern varieties of the United States. He said this was the worst time in the market cycle: buyers were waiting for prices to hit the bottom. He said, "even if we reduce the price by $100 per ton, we may not be able to sell it."

he also said: "we have to reduce production by a larger margin (according to the latest news, p&w has reduced production by 32000 tons).

we have no way, it's really hard to sell."

however, there are still some buyers in the United States who believe that the price will fall further. Someone said:

"NBSK will be 30 dollars per ton is not enough". He pointed out that in the spot trading since last month,

discounts have reached double digits

another said, "I think the price is still 1 in March at least because the buffer oil is insufficient. The situation of paper is not good."

he said that the quotation was still too high compared with the transaction price. Discounts vary from place to place, and now the market is in a disordered state

some major statistical data - inventory data of commercial pulp manufacturers in North America and Northern Europe (norscan) at the end of January with chemical paper grade

- are expected to be released earlier this week, which will clarify the market situation

in the past 10 years, norscan inventory increased by an average of 157400 tons in January, and 100000 tons even in the good times of the year. It is widely expected that the growth rate will be greater in January this year

(from pulp and paper business)

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