What is FOEX Indexes?

FOEX Indexes Ltd is an independent company providing audited, trade-mark registered pulp, paper, recovered paper and wood based biomass price indices.

May 25, 2018

Market Comments

Pulp Inventory Statistics

Global chemical paper grade market pulp shipments in March/18 totalled 4.062 million tons, a decrease of about 590 000 tons or 12.7% from March/18 and an increase of 6.3% compared to April/17. Total inventories stood at the end of April/18 at 36 days of supply, a decrease of 1 day from an unrevised March/18 and an increase of 3 days from April/17.  Source PPPC. (May 25)

Utipulp European pulp consumer April/18 figures include only softwood as several European companies have not declared their statistics for hardwood and therefore some national associations have not delivered hardwood data. Softwood inventories in April/18 were 181 000 tons, up by about 1 000 tons or 0.06% from a revised March/18, and down by 16 000 tons or 8.3% from April/17. In days, the softwood inventories were at 16 days of consumption, one day up compared to the inventories in March/18 and down by one day compared to a year ago. Source: Utipulp  (May 25)

Pulp inventories at European ports in April/18 increased by 42 000 tons or 4.1% to 1 063 000 tons compared to March/18 inventories. Compared to April/17 the port inventories were lower by 47 000 tons or by 4.2%.  Source: Europulp  (May 25)