European woodpulp port stocks rise by 8.4% in August over July; year-over-year stocks up by 56.7%: Europulp

LOS ANGELES , September 14, 2011 () – In August, European woodpulp port stocks increased month-over-month by an estimated 102,223 tonnes, or 8.4%, to 1,317,653 tonnes, according to Europulp statistics released today.

The estimation is because the statistics for Rotterdam are estimated.

This was the fifth month in a row in which the port stocks have increased, for a running total of 306,476 tonnes.

Stocks increased by an estimated 476,620 tonnes from those of August 2010. This marked a 56.7% increase and the twelfth month in a row in which the year-over-year percentage was higher than that of the year-ago month, although the 2010 numbers were particularly low.

Following are the country-by-country August 2011 figures, in tonnes: (respective August-over-July and year-over-year percentages in parentheses): Netherlands/Belgium (estimate)— 606,417 (15.7%; 83.1%); France — 92,863 (2.0%; 79.7%, U.K.— 28,636 (-9.0%; -13.5%); Germany—197,932 (5.2%; 62.6%); Switzerland— 10,500 (71.0%; 24.5%); Italy—331,376 (0.8%; 31.5%); Spain—49,929 (9.6%; 16.2%).

Europulp figures describe stocks by location, but the numbers are already included in producer and consumer stocks statistics.

Europulp represents the associations of pulp sellers in Belgium, France, Italy, the Netherlands, Spain, Switzerland, and the U.K. Europulp began including Spanish port stocks in its data in 2004, but its historical statistics for Spain revert back to January 2003. When Europulp began reporting statistics in 1999, it included only the Netherlands/Belgium, France, and the U.K.; the other countries have been added over the years.

As a result, it is not possible to accurately compare current data with previous years. That said, in the years since statistics became available in 1999, August stocks, compared to those of July, have risen in 10 of the previous 12 years.

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