Pulp: Prices continue to fall in October amid weak demand
News General news
The European pulp market remains a good market for pulp suppliers with growth of more than 10% compared to the previous year. However, demand in Europe has been declining for several months.
Even in the otherwise strong tissue segment, manufacturers of tissue paper have less demand. At the same time, despite several price cuts over the past four months, European prices still appear to be attractive for the pulp industry and deliveries continue to ensure an exuberant supply, especially for short-fiber pulp.
There have recently been price reductions for BEK and NBSK pulp, among others. Some suppliers are hopeful that the negative price trend for BEK - despite weary demand and the existing oversupply - will soon slow down and then come to a halt.
In addition to the situation in China, the situation on the downstream paper and board markets in Europe also plays a major role in the further development of pulp prices - both for long and short fibers. Weak demand and poor capacity utilization of paper machines in the European paper industry have been making themselves felt since the summer at the latest.