Resolute Forest Products announces Oct. 1 US$20/tonne increase for bleached softwood kraft pulp in North America, drops recycled kraft pulp price by US$15/tonne

LOS ANGELES , September 28, 2012 () – Resolute Forest Products today announced an Oct. 1 US$20/tonne increase in North America for bleached softwood kraft pulp (BSKP) and a $15/tonne decrease for recycled kraft pulp (RKP), according to industry sources.

This brings its prices to $850/tonne for northern bleached softwood kraft (NBSK) and to $810/tonne for southern bleached softwood kraft (SBSK).

Its RKP price will be $730/tonne.

Various other North American NBSK producers have announced the same NBSK plan, starting with Domtar Corp. on Sept. 24. Others known to have announced include Tembec Inc., Mercer International Inc., West Fraser Timber Co., and Canfor Pulp LP.

For Sept. 1, Resolute was the first North American bleached softwood kraft pulp (BSKP) producer to announce a $20/tonne domestic decrease, for both NBSK and SBSK, a move that was followed by other producers, either formally or through temporary allowances.

Resolute did not announce price plans today for bleached hardwood kraft pulp. RISI Inc. showed September prices as $735/tonne, down $30/tonne from August, for both aspen-grade northern bleached hardwood kraft (NBHK) and southern bleached hardwood kraft (SBHK).

Montreal-based Resolute produces approximately 1.9 million tonnes/year of market pulp at its eight facilities in North America, including its recent acquisition of Fibrek Inc. Resolute is one of only a few North American producers of all four major paper-grade pulps (NBSK, SBSK, NBHK, and SBHK). Resolute also produces fluff pulp in Coosa Pines, Alabama. The Fibrek acquisition includes an NBSK mill and two RKP mills.

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