Södra Cell is increasing the price of its northern bleached softwood kraft (NBSK) pulp in Europe by $40/tonne to $880, effective 1 October.
“We do recognize the challenges presented in the wake of Covid-19. Nevertheless, demand for our NBSK in Europe has stayed healthy over the summer, and lately we’ve seen distinct signs of China recovering. Our stocks are balanced, and as we head into a period where numerous global maintenance stops will restrict supply, we expect the overall supply chain to tighten up. Current net price of NBSK in Europe is not sustainable and an upward momentum on price is to be expected”. commented Henrik Wettergren, VP Marketing and Sales, Södra Cell.
Founded in 1938, Södra is Sweden’s largest forest-owner association, with 53,000 forest owners as its members. We conduct modern and responsible forestry, and operate state-of-the-art mills in which we process our raw material. In 2019, net sales amounted to SEK 23 billion and employees totalled 3,100. Through value-generating relationships and a long-term approach, Södra shows the way for the next generation of forestry.