Wednesday, September 9, 2020 1:30 pm
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SWEDEN (News release) -- Södra Cell is increasing the price of its northern bleached softwood kraft (NBSK) pulp in Europe by $40/tonne to $880, effective 1 October.
"We do recognize the challenges presented in the wake of Covid-19. Nevertheless, demand for our NBSK in Europe has stayed healthy over the summer, and lately we've seen distinct signs of China recovering. Our stocks are balanced, and as we head into a period where numerous global maintenance stops will restrict supply, we expect the overall supply chain to tighten up. Current net price of NBSK in Europe is not sustainable and an upward momentum on price is to be expected". commented Henrik Wettergren, VP Marketing and Sales, Södra Cell.
"We do recognize the challenges presented in the wake of Covid-19. Nevertheless, demand for our NBSK in Europe has stayed healthy over the summer, and lately we've seen distinct signs of China recovering. Our stocks are balanced, and as we head into a period where numerous global maintenance stops will restrict supply, we expect the overall supply chain to tighten up. Current net price of NBSK in Europe is not sustainable and an upward momentum on price is to be expected". commented Henrik Wettergren, VP Marketing and Sales, Södra Cell.