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European pulp buyers strike renewed cuts to prices in April


Price development for NBSK pulp
14 May 2019 − 

Negotiations on pulp prices in April once again dragged on well into May. Players report more price cuts for both softwood and hardwood pulp.

Pulp prices continue to fall on the European market at the beginning of the second quarter of 2019. In monthly contracts for April, prices of all key pulp grades receded further against the backdrop of weak market conditions.

Industry experts expect that prices for European NBSK pulp buyers will recede further in May. Buyers of hardwood pulp also said they would try to push down prices further in May. They cite full port warehouses and high stock levels of pulp producers as well as weak demand in Europe as in the Far East.

This article is an excerpt from EUWID's monthly report on the pulp market.

Find the EUWID Price Watch Pulp for April in EUWID Pulp and Paper issue no 20/2019, which will be available to our e-paper and print subscribers as of 15 May.

Want to find out more? Check our subscriptions or test EUWID free of charge.

Tags of this news:
  Pulp

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