BHK PULP IN CHINA (per metric ton)

BHK: short-fiber beech hardwood kraft pulp (in the Nordic countries, birch pulp).
NBSK: long-fiber northern bleached softwood kraft pulp.

Definitions of pulp and paper grade terms

Date	BHK in China (US dollars)	BHK in China (RMB)	NBSK in China (US dollars)	NBSK in China (RMB)
31-Jan-2012	580.04	3662.26	670.06	4230.63
24-Jan-2012	575.00	3642.53	668.19	4232.87
17-Jan-2012	574.79	3629.76	666.33	4207.83
10-Jan-2012	568.68	3591.60	664.92	4199.42
3-Jan-2012	562.22	3545.13	661.06	4168.37
27-Dec-2011	562.53	3564.74	664.05	4208.07
20-Dec-2011	557.02	3526.06	667.44	4225.04
13-Dec-2011	562.84	3566.95	669.62	4243.66
6-Dec-2011	565.31	3585.83	669.17	4244.63
29-Nov-2011	572.76	3650.14	684.65	4363.20
22-Nov-2011	573.12	3642.07	693.85	4409.29
15-Nov-2011	582.50	3694.33	706.70	4482.03

Posted with permission from FOEX Indexes Ltd.

FOEX Indexes Ltd. is a private, independent company, specialized in operating as a provider of audited, trade-marked pulp and paper price indexes. FOEX Indexes Ltd. is continuing the activity started by Finnish Options Exchange in 1996.

ABOUT PIX PRICES
FOEX's PIX indexes are benchmark price indexes for various qualities of pulp and paper. They measure weekly the market price of the pulp or paper in question. FOEX receives real trade information from parties in the pulp and paper industry, from buyers, sellers as well as from agents. The highest 10% and the lowest 10% of the prices are eliminated, and the PIX value is calculated as an average price from the remaining prices.