Spot pulp prices in Asia seem to have bottomed out Singapore - spot pulp prices in China and South Korea seem to have bottomed out, while hardwood pulp prices have shown signs of stopping falling and stabilizing. Due to the current low price, the purchase of various pulps is speeding up, and the 300000 t/a syngas to ethanol and 50000 T/a methyl carbonate project of China Salt Anhui hongsifang Co., Ltd. is located in Anhui Hefei Circular Economy Demonstration Park to meet the needs of more customers. The supply is tightening, but the information is cautious about the optimistic forecast, and it is expected that the pulp price will rise by the end of the year
cork pulp:
in the spot market of China and South Korea, the benchmark price of northern bleached cork kraft pulp (NBSK) is US $per ton. At the beginning of August, the lowest price fell to $380 per ton, but it has begun to rebound, and procurement activities are particularly active in China
nbsk's rebound in prices was halted by pine pulp that was shipped to Asia like a gust from Latin America. In early August, the price of pine pulp sold by suppliers to Chinese buyers was slashed to $370 per ton, down $40 per ton. These low-cost pulps were then absorbed in a few days, and the next batch of deliveries will arrive at Chinese ports after the end of September
according to a major trader in Beijing, due to a large number of shipments, the price of pine pulp is difficult to recover in the Chinese market before the end of the year, unless the manufacturer announces to increase the price, and finally the industry said. At present, the sales price in the Chinese and Korean markets is US dollars per ton
Russian bleached softwood pulp maintains a fixed trade volume in the Chinese market, and the prices of pine pulp are basically parity, US $per ton
hardwood pulp:
the new development of Indonesian mixed tropical hardwood pulp is in the control software. Due to the shortage of supply, the price of Brazilian eucalyptus pulp fell and rose again. The spot exchange price in the China South Korea market was US $per ton, an increase of US $10 per ton compared with last week
however, according to a trader, Indonesian mixed tropical hardwood pulp still plays a key role in the region because local paper mills are accustomed to using this pulp. Therefore, once the Indonesian mixed tropical hardwood pulp returns to normal supply and its price is 20 dollars lower than that of Brazilian eucalyptus pulp per ton, many paper mills will decide to purchase Indonesian mixed tropical hardwood pulp in the price sensitive spot market
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