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.

Aug 28, 2018

Market Comments

Pulp Inventory Statistics

Global chemical paper grade market pulp shipments in July/18 totalled 3.992 million tons, a decrease of about -561 000 tons or -12.3% from June/18 and an increase of 1 000 t (0.00%) compared to July/17. Total inventories stood at the end of July/18 at 38 days of supply, up by 3 days from an unrevised June/18 and an increase of 2 days from July/17.  Source PPPC. (Aug. 28)

Utipulp European pulp consumer July/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 July/18 were 177 900 tons, down by about -9 400 tons or -5.0% from a revised June/18, and down by -7 600 tons or -4.1% from July/17. In days, the softwood inventories in July were at 15 days of consumption, one day down compared to the unrevised inventories in June/18 and down by -1 day compared to a year ago. Source: Utipulp  (Aug. 28)

Pulp inventories at European ports in July/18 increased by -52 300 tons or -4.6% to 1 092 800 tons compared to June/18 inventories. Compared to July/17 the port inventories were higher by 22 200 tons or by 2.1%.  Source: Europulp  (Aug. 28)