COVERAGE NOTE: Changes to European spot pulp price coverage – Final Decision
BRUSSELS, Apr. 25, 2019 ( PPI Europe ) – Following consultation with stakeholders, Fastmarkets RISI would like to confirm that it will discontinue European spot pulp price assessments with effect from May due to low liquidity.
The following two price series are affected.
1) Northern Bleached Softwood Kraft (Spot Price) – Price ID 636
2) Bleached Hardwood Kraft, Eucalyptus (Spot Price).- Price ID 1128
Spot pulp trade has been virtually non-existent for long periods of time over the past year, with no actual transactions, bids or offers reported to Fastmarkets RISI during those periods. This makes assessing spot pulp prices very difficult and calls into question the relevance of these assessments. We have therefore decided to discontinue European spot pulp assessments and to focus on the contract pulp market. We will continue to assess spot pulp prices in the North American market and to report on spot pulp discussions in Europe in our market commentaries.
For comments or queries, please email email@example.com, mentioning “European spot pulp” in the subject line of the email.
For more information on Fastmarkets RISI’s methodology for global pulp markets, please see here.
For other Fastmarkets RISI coverage notes please see here.