Sodra to Hike Price for Hardwood/Softwood Pulp
Sept. 22, 2009 - Swedish pulp producer Sodra said that it will increase the price for bleached softwood and hardwood grades of pulp as of October 1.
The company said strong market conditions factored into the price hike.
"Our inventories are low and international inventory statistics reflect a similar situation for the global pulp market as a whole," said said Ulf Edman, president of Sodra Cell International.
"Meanwhile, Asian demand continues to be strong," Edman added.
The price of bleached softwood pulp will move up by US $30 to $760 per ton. Bleached hardwood pulp goes up by US $50 to $650 per ton.
Sodra operates five different pulp mills with a total capacity of 2.1 million tons per year, of which just over 100,000 tons being mechanical pulp (CTMP) and the remainder being bleached sulphate pulp. The company's entire production is sold on the open market to external paper mills.
Sodra is the world’s third largest supplier of market pulp.