Södra Cell is increasing the price of its northern bleached softwood kraft (NBSK) pulp in Europe by $30/tonne to $1,230.
The hike will take place as of 1 June.
Magnus Björkman, VP Marketing and Sales Södra Cell, said: “Demand is still outstripping supply considerably and the market remains imbalanced.
“We see no sign of easing in the short term, and consequently the upward momentum on prices continues.”