Pulp prices in July lower for all grades, more price cuts expected in August
Pulp prices have been lowered in July for all grades. Price drops for hardwood pulps almost doubled those for softwood grades. According to industry experts, the price cuts took place against the background of a noticeable decline in demand from Europe as well as from the Far East. "China currently does not feature as a buyer”, a EUWID respondent reports. Insiders predict another decrease in prices in August. In light of the fact that price cuts have already been announced for the North American market with effect from 1 August, pressure from European customers is steadily growing.