Although the implementation of the April hike for softwood pulp was still underway in May, suppliers announced new increases.
From mid-May, suppliers of softwood pulp announced they were increasing softwood pulp prices with immediate effect or from 1 June. However, in May most suppliers were still busy implementing the April hikes in full.
"The latest market statistics support the positive signals that we have been getting: the softwood pulp market is stable and we expect demand to gather pace", the company producer said justifying the hikes.