Arauco announces flat October pulp prices in China after September BKP and BEK hikes stall out
28 September 2015
In the first known pricing announcement on October business worldwide, Arauco of Chile has announced to Chinese customers that its market pulp prices will be unchanged, effective with October shipments, industry contacts told RISI.
Arauco, the world's second-largest market pulp producer, slated its bleached radiata pine (BKP) at $625 net CFR. The firm had announced a $5/tonne increase on BKP for September business at $630/tonne, but the increase didn't stick, sources said.