Market pulp price 'boom' driven by worldwide growth in demand

Market pulp prices have risen in response to a worldwide increase in demand that began early in 1994, with the trend expected to continue through 1995 and possibly into 1996. Factors contributing to the growth in demand in 1994 include a shortage of hardwood pulp in Europe, an anticipated strike in British Columbia, and increased demand for paper in Southeast Asia. Overall improvements in the global economy by the summer of 1994 also contributed to the trend. Little increase in market pulp capacity is expected for 1995, while the demand should continue to be strong.
THE NORTH AMERICAN PULP AND PAPER INDUStry is currently enjoying the best market conditions it has experienced in the past five years. All sectors of the marketplace, from newsprint to [...]