Resolute Forest Products announces Nov. 1 US$20/tonne softwood pulp price hikes for North America, to US$990/tonne for NBSK, US$950/tonne for SBSK, marking first such plan for region
October 23, 2013
– Resolute Forest Products today announced US$20/tonne Nov. 1 softwood pulp increases for North America, bringing its new prices to $990/tonne for northern bleached softwood kraft (NBSK) and to $950/tonne for southern bleached softwood kraft (SBSK), according to buyer information.
Resolute is the first company known to have announced Nov. 1 pulp price increases for North America, but some other bleached softwood kraft pulp (BSKP) players are said to be poised to follow.
BSKP producers also announced $20/tonne October increases for North America. This was the first price hike since June 1.
There was no indication today, one way or the other, that Resolute was planning any hardwood pulp price changes for November.
For October, Resolute had said that its prices for both northern bleached hardwood kraft (NBHK) and southern bleached hardwood kraft (SBHK) would be $880/tonne, which were the same as the company had announced for June 1; nor did other North American hardwood pulp producers announce October changes.
Montréal-based Resolute produces approximately 1.7 million tonnes/year of market pulp at its eight facilities in North America.
Resolute is one of only a few North American producers of all four major paper-grade pulps: NBSK, SBSK, NBHK, and SBHK. Also it produces recycled kraft pulp (RKP). It produces fluff pulp in Coosa Pines, Alabama.
On Sept. 27, Resolute announced plans to increase its domestic price of Super Brite uncoated groundwood papers by $40/ton, effective with shipments on or after Nov. 1.