Finnish FOEX Aug 14 pulp benchmark price drops
Finnish index compiler FOEX on Tuesday put the benchmark price of northern bleached softwood pulp at $457.58 per tonne, down from last week's $459.82 (FOEX - news)(^PIX - news), and said the price of light-weight coated magazine paper had fallen.
HELSINKI, Aug 14 (Reuters) - Finnish index compiler FOEX on Tuesday put the benchmark price of northern bleached softwood pulp at $457.58 per tonne, down from last week's $459.82 (FOEX - news)(^PIX - news), and said the price of light-weight coated magazine paper had fallen.
FOEX calculates the weekly benchmarks based on information from buyers, sellers and agents in the pulp and paper trade. It eliminates the highest and lowest 10 percent of prices, and calculates the indices as the average of the remaining prices.
The index compiler, which tracks pulp and paper prices on the European market, gave the following figures:
Benchmark Previous
price/tonne (Aug 7)
PULP
NBSK pulp (dollars) 457.58 459.82
BHKP (euros) 446.83 449.08
BHKP (dollars) 398.45 396.85
PAPER
LWC reels (euros) 827.14 831.46
Ctd WF reels (euros) 859.41 867.80
A4 B-copy paper (euros) 991.06 995.61
Paper newsprint Europe (euros) 610.41 611.35
US Newsprint East Coast (dollars) 577.73 578.05
NOTES:
- Pulp prices are seen as a good indicator of future trends in paper product prices.
- NBSK = long-fibre northern bleached softwood kraft pulp; BHKP = short-fibre beech hardwood kraft pulp (in the Nordic countries, birch pulp).
- LWC = Light-weight coated magazine paper (60-gramme offset reels); Ctd WF = Coated woodfree paper (100-gramme reels); A4 B-copy paper = A4-sized sheeted standard-grade copy paper (80 grammes per sheet).