Price trends for pulp in 2002

Q: I am due to negotiate some pulp contracts that are up for renewal at the end of this month. What are the forecasts for prices in the rest of 2002?

A: Lawrence Turk, managing director of PPL Research, writes: The general feeling among market players is that pulp prices have reached the bottom of the current cycle. The price for benchmark pulp grade - northern bleached softwood kraft (NBSK) - had reached a trough of around $430/tonne in many parts of Europe by the end of the first quarter. This meant that...

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