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The economic downturn in the international market, pulp prices stop rising

2012-8-3 17:16:06

American NBSK: According to the data of the Pulp and Paper Products Council, May 2011, April 2011 and May 2010, sent to the North American pulp shipments basically maintain the same level. May 2011 compared to May 2010 shipments down 0.1 million tons, only slightly better than Paper Quotes. Total shipments fell 6.4% in the first five months, the situation fell and Paper consistent. The the basic balance global BSKP pulp market prices of the previous time the program is successful. The pulp market, poor balance makes major pulp producers to lower NBSK shipments in July the price range of $ 20 / t.
Europe NBSK: Pulp and Paper Products Council data show May pulp market is more positive than expected, at least the perspective of manufacturers. Weak paper market impact and the decline in the purchasing power of Chinese delivery is not obvious, compared to April and May last year, has increased. In the first five months, the cumulative deliveries increased by 6%. BSKP performance compared to hardwood pulp better, at least up to now is this: an increase of 8% in the first five months, a year-on-year in May last year, an increase of 10%. Manufacturer inventories compared with April, is still relatively stable, shipments and capacity ratio reached 87%. BSKP aspects, inventories remained unchanged. Of coniferous pulp price increases of $ 30 / ton, has basically been proven in the market.
The Europe BHKP: hardwood pulp shipments also increased, but less than the increase of BSKP. This is mainly because of the increased woodfree paper demand weak and China and other Asian countries, local hardwood pulp and thermomechanical pulp production. Pulp and Paper Products Council data show, BHKP shipments increased by 3.3% in May, 2.6% in the previous May. The increase in inventories of manufacturers. On the other hand, the The the data from UTIPULP consumption compared to the same period last year of BHKP increase has decreased, while consumption of BSKP. Similarly, consumers BHKP inventory compared to April dropped down to 19 days.
Chinese BHKP: report China's purchasing power weakened things can feel in the May data, but it is not very clear. Pulp and Paper Products Council from pulp producing countries, the data show that May is not strong enough to support a 30% increase in May. Chinese imports of hardwood pulp in May fewer imports, but before May year-on-year increase of 22% from last year. The main importing countries of Indonesia, Canada, Chile and other income greater than 2010. At least, a manufacturer from Russia say they have reduced the price of their exports to China BHKP, down 20 U.S. dollars / ton. 1-5 months, the Pulp and Paper Products Council the country BHKP shipments basically flat compared with the same period in 2010. Market sources said that currently pulp buyers to boycott the current pulp prices rose gradually digest inventory.
China NBSK: buyers demand pull has slowed down to digest inventory, while resisting price increases. The Chinese ports pulp inventory is higher than average, mainly because Earlier this year, a large number of imports. Other parts of the lower inventories, buyers seem to be waiting for the seller to accept their offer. Spot pulp and locally produced pulp has in maintaining the balance of supply and demand. The slowdown in economic growth and the tightening of financial loans react the same in the paper industry. Paper demand continued to increase, but the growth rate is not high to the degree of expansion of production capacity. Weak capacity utilization and eat export markets in Europe and the United States blocked to the pressure on paper prices. This pressure is also passed to the pulp market. The pulp market demand is still warm enough, at least the Chinese ports deal pulp purchased disruption. The Zhanjiang Project the end of this month Chenming have larger capacity production.