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Bullboard - Stock Discussion Forum Fibrek Inc FBKZF

GREY:FBKZF - Post Discussion

Fibrek Inc > Firming of NBSK pricing
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Post by FFHWatcher on Dec 01, 2010 7:49am

Firming of NBSK pricing

https://www.paperage.com/foex/pulp.html


Date NBSK US$ NBSK Euro(US$) BHK US$ BHK Euro
30-Nov-10 968.16 953.29 869.99 657.84
23-Nov-10 968.00 955.13 870.00 636.24
16-Nov-10 967.91 956.29 870.00 634.53
9-Nov-10 969.64 958.37 870.00 617.72
2-Nov-10 972.33 959.31 870.00 627.84
26-Oct-10 974.78 963.01 870.00 624.37
19-Oct-10 974.78 963.81 870.00 617.50
12-Oct-10 974.78 967.70 870.00 627.07
5-Oct-10 984.78 969.83 870.00 633.83
28-Sept-10 990.00 972.91 870.00 648.67

NBSK firming up, not declining.
Cdn $ at about 98 cents (95 cents would be better but 98 is better than par!).
It also looks as though there has been good price increases in the products that (NBSK) pulp is used for.

How did I miss this headline of the Canfor $10/tonne price INCREASE?

SANFRANCISCO , Nov. 23, 2010 (RISI) - Canfor Pulp has informed customersacross Asia that its northern bleached softwood kraft (NBSK) pulp priceswill rise, effective December 1 until further notice, industry contacts told RISI.
https://www.risiinfo.com/pulp-paper/news/Canfor-Pulp-to-raise-Dec-1-NBSK-UBK-pulp-prices-10tonne-in-Asia.html
Comment by FFHWatcher on Dec 07, 2010 7:06am
Very lonely here. Kinda summarizes the volume on FBK too. Not much interest. That is the bad news if you are fully invested already. Good news if you are still adding. The good news is also that FBK should becoming stronger and stronger financially as each day passes at NBSK over $850/mt. As all holders know, NBSK Pulp pricing is the single largest variable that determines FBK's financial ...more  
Comment by woodstove on Dec 07, 2010 8:10am
Hi FFHWatcher ... thanks for posting that info.  FBK is quiet but that'sok.
Comment by FFHWatcher on Dec 07, 2010 1:03pm
Just released NBSK pricing from FOEX Indices.  Yawn, down 81 cents or less than 1% decline.  Declines of $35-45 are troubling.  81 cents is a rounding error.  Still firm.  No bottom falling out of NBSK.  Date NBSK in the U.S. (USD) NBSK in Europe (USD ...more  
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