RE: RE: My write on Mercer Int'lPrice of the commodity continues to improve.
| Date |
NBSK in the U.S.
(USD) |
NBSK in Europe
(USD) |
BHK in Europe
(USD) |
BHK in Europe
(Euro) |
| 3-May-11 |
1016.21 |
1008.50 |
875.51 |
589.17 |
| 26-April-11 |
1013.36 |
1001.76 |
871.92 |
597.86 |
| 19-April-11 |
1013.64 |
998.90 |
870.92 |
602.71 |
| 12-April-11 |
1013.43 |
995.04 |
860.37 |
597.44 |
| 5-April-11 |
992.79 |
980.24 |
849.75 |
600.91 |
| 29-March-11 |
985.19 |
977.16 |
849.43 |
601.79 |
| 22-March-11 |
984.36 |
970.15 |
848.93 |
600.80 |
| 15-March-11 |
986.13 |
963.61 |
848.27 |
615.89 |
| 8-March-11 |
979.36 |
961.81 |
847.62 |
607.31 |
| 1-March-11 |
960.00 |
949.93 |
847.93 |
616.14 |
Also....
China Gains On The US But Still #2 Paper Producer
May 3, 2011
Summary
China surged in March buying951,000mt - 65% more than in February and 35.5% over 1Q2010. With thisincreased demand China was forced to pay more for NBSK (i.e. $80/admt).From 2005-2010 China's paper and board production grew by 30-31 millionmt while US production declined by 9.2 million mt. Containerboard wasthe largest segment at 53.4 million mt with graphic papers and tissuefollowing at 34.37 million mt. Total annual capacity is now 100 millionmt.