Northern Bleached Softwood Kraft (NBSK) Pulp Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Northern Bleached Softwood Kraft (NBSK) Pulp in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Northern Bleached Softwood Kraft (NBSK) Pulp Price Trend for the Second Half of 2023

Northern Bleached Softwood Kraft (NBSK) Pulp market trend differed in both the third and the fourth quarter, leading to an overall underwhelming performance. Initially, the Indian Northern Bleached Softwood Kraft (NBSK) Pulp market continued its falling trajectory throughout the third quarter as the prices depreciated by around 14% within the first three months.

Northern Bleached Softwood Kraft (NBSK) Pulp Price Chart

Northern Bleached Softwood Kraft (NBSK) Pulp Price Trends and Forecast

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After this, the prices started to rise once again as the supplies got constricted. And, as time progressed, the supply curtailments kept building up owing to the poor freight dynamics. This led to a rise of around 4% in the prices in the latter three months. In the Indian market, the monthly average prices went from around 1350 USD/MT in July’23 to about 1250 USD/MT in December of 2023. Overall, a fluctuating price trend was observed.

Analyst insight

According to Procurement Resource, the price trend for Northern Bleached Softwood Kraft (NBSK) Pulp is expected to continue its upward journey in the coming months, given the current market dynamics and pricing fundamentals.

Northern Bleached Softwood Kraft (NBSK) Pulp Price Trend for the First Half of 2023

The Northern Bleached Softwood Kraft (NBSK) Pulp market directly depends on the demands from downstream paper industries. The paper industry was under constant pressure from the COVID-19 restrictions and then the Russia-Ukraine crisis. However, at the start of 2023, when the supply chains were restored along with normalization in energy and shipment prices, the upstream costs started to subside after a long time. As the demands for NBSK Pulp were still stable, the prices started declining as they were running wildly high for a very long time.

In Europe, the prices of Northern Bleached Softwood Kraft Pulp went from about 1405 USD/MT (DAP, Europe) in January’23 to about 1360 USD/MT (DAP, Europe) in June’23. Similar depreciating trend were observed in the American market as well.

Analyst insight

According to Procurement Resource, the Northern Bleached Softwood Kraft (NBSK) Pulp prices are expected to continue declining in the upcoming months, given the trade and supply normalization as the market strives to achieve equilibrium.

Procurement Resource provides latest prices of Northern Bleached Softwood Kraft (NBSK) Pulp. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About

Northern Bleached Softwood Kraft (NBSK) Pulp comprises long slender fibres that offer great bonding and tensile properties. It is used to make a wide range of paper products, such as printing and writing paper. The pulp is derived from lumber wood.

Product Details

Report Features Details
Product Name Northern Bleached Softwood Kraft (NBSK) Pulp
Industrial Uses Used for producing various paper products like printing and writing paper, speciality grades, and many tissue products.
Chemical Formula (C6H10O5)n
CAS Number 65996-61-4
Synonyms Cellulose (pulp), Bleached Kraft Pulp (Cellulose)
HS Code 47032900
Supplier Database West Fraser, UPM Pulp, Canfor Pulp, Paper Excellence Canada, METSA FIBRE, Domtar Corporation, Resolute Forest Products, Sodra, Mercer
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


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Production Processes

Northern Bleached Softwood Kraft (NBSK) Pulp is produced from lumber wood through a multi-step process. The wood is initially bark removed in a barking drum and then ground before being segregated in a storage silo. The chips are subsequently cooked in a digestor using sodium sulfide and sodium hydroxide to break down lignin and release the fibers. The resulting pulp is separated from black liquor, bleached based on the intended use, and finally, the production of NBSK pulp is completed.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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