PIX Pulp indices 27.9.2016

By FOEX Indexes’ Lars Halén and Timo Teräs               NBSK pulp Europe: The softwood pulp market remains relatively stable. Price pressures have, however, recently been rather downwards than upwards, in spite of the so far quite good delivery volumes and low producer stocks. One reason for this has been the strength...

PIX Pulp indices 27.9.2016

By FOEX Indexes’ Lars Halén and Timo Teräs                 NBSK pulp Europe The PPPC-statistics were fairly weak over July, but the August performance was again strong in softwood, especially taking into account the summer season, but remained subdued in hardwood. Total paper grade market pulp shipments were up in...

PIX Pulp indices 26.7.2016

By FOEX Indexes’ Lars Halén and Timo Teräs               NBSK Pulp Europe Utipulp statistics show BSKP consumption down by 1.4% from May but up by 2.3% when compared to June last year. Consumer inventories of market softwood pulp at the European paper mills are quite low and almost 7% lower than a year ago. The re-start of...

PIX Pulp indices 31.5.2016

By FOEX Indexes’ Lars Halén and Timo Teräs   NBSK pulp Europe Producer country statistics from PPPC were not very good in April in terms of delivery volumes. But substantial losses of production in both BSKP and BHKP grades led to a decrease in producer stocks. European consumer stocks and port stocks came down as well. Total market pulp shipments...

PIX Pulp indices 29.3.2016

NBSK pulp Europe Even taking into account one more production and shipping day in February 2016 versus February 2015, the PPPC numbers published week 11 came out with predominantly positive news for the pulp producers, especially in the softwood grades. Total market pulp shipments were up from February 2015 by 5.1% and cumulatively by 4.8%. For Western Europe,...

PIX Pulp indices 26.1.2016

By FOEX Indexes’ Lars Halén and Timo Teräs NBSK pulp Europe When writing these notes, the only publicly available pulp data over December is by UTIPULP, providing the softwood pulp consumption and inventory numbers at consumers. BSKP consumption was down in December by -1.4%, year-on-year. Softwood kraft pulp inventories, at 19 days of consumption, were...

PIX Pulp indices 24.11.2015

NBSK pulp Europe The consumption of softwood pulp was down and inventories up in October in Europe, compared to both September 2015 and October 2014, as reported by UTIPULP. The narrow price gap between softwood and hardwood pulp may be already helping NBSK supply/demand balance globally but much of that support is not seen in Europe, at least not towards the...

PIX Pulp indices 22.9.2015

By FOEX Indexes’ Lars Halén and Timo Teräs NBSK pulp Europe In spite of the narrowing price gap to hardwood and the ensuing support on softwood pulp demand, the BSKP market fundamentals remain shaky. Market weaknesses are a combination of demand softness which persisted at least still in July, and of a sneaking up of the supply with additional market pulp...

PIX Pulp indices 14.7.2015

By FOEX Indexes’ Lars Halén and Timo Teräs NBSK pulp Europe The pulp market in Europe is slowing down in the seasonally quieter period of the year. In addition to the usual weakening interest to transact with pulp, the lower softwood pulp demand in China is affecting the BSKP markets elsewhere in the world. As a positive note, the emerging hopes, although...

PIX Pulp indices 26.5.2015

By FOEX Indexes’ Lars Halén and Timo Teräs NBSK pulp Europe UTIPULP (the group of European market wood pulp users) April market pulp consumption data came out showing a nice, nearly 4% increase in consumption, compared to April 2014. However, inventories were up as well by 1.2% against March 2015 and by 7.2% against end April 2014. To compensate, port...