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FOEX Indexes Ltd is an independent company providing audited, trade-mark registered pulp, paper, recovered paper and wood based biomass price indices.

Jun 29, 2018

Market Comments

Pulp Inventory Statistics

Global chemical paper grade market pulp shipments in May/18 totalled 4.216 million tons, an increase of about 154 000 tons or 3.8% from April/18 and an increase of 2.1% compared to May/17. Total inventories stood at the end of May/18 at 35 days of supply, a decrease of 1 day from an unrevised April/18 and an increase of 1 day from May/17.  Source PPPC. (June 29)

Utipulp European pulp consumer April/18 figures include only softwood as several European companies have not declared their statistics for hardwood and therefore some national associations have not delivered hardwood data. Softwood inventories in May/18 were 187 000 tons, up by about 7 700 tons or 4.3% from a revised April/18, and down by 13 000 tons or 6.5% from May/17. In days, the softwood inventories were at 16 days of consumption, one day up compared to the revised inventories in April/18 and down by one day compared to a year ago. Source: Utipulp  (June 29)

Pulp inventories at European ports in May/18 increased by 17 300 tons or 1.6% to 1 080 100 tons compared to April/18 inventories. Compared to Mayl/17 the port inventories were lower by 60 100 tons or by 5.3%.  Source: Europulp  (June 29)