Canfor Pulp to increase its NBSK pulp prices globally by US$20/tonne, effective Oct. 1; prices will move up to US$970/tonne in US, US$900/tonne in Europe, both for commodity grade NBSK pulp, and to US$730/tonne in China, for reinforcing grade NBSK pulp

LOS ANGELES , September 20, 2013 () – Canfor Pulp LP has announced a US$20/tonne global price increase on its northern bleached softwood kraft (NBSK) pulp, to take effect on Oct. 1.

The increase will move the company’s list prices to US$970/tonne in the U.S. and to US$900/tonne in Europe, in both of these markets for commodity grade NBSK. In China, the list price will rise to $730/tonne, which is for reinforcing grade NBSK, according to the company.

Several other major producers of bleached softwood kraft pulp have announced Oct. 1 price increases, but none of these were for markets outside Asia. All except Domtar Corp. specified the hikes for China, while Domtar's includes all of Asia.

Canfor Pulp, based in Vancouver, British Columbia, has three mills in Prince George, British Columbia. Two mills produce NBSK exclusively, including 590,000 tonnes/year at the Northwood mill and 320,000 tonnes/year at the Intercontinental mill. The third mill, the Prince George mill, produces 120,000 tonnes/year of unbleached kraft pulp (UBK), 15,000 tonnes/year of semi-bleached pulp and 135,000 tonnes/year of kraft paper.

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