NOREXECO launches China softwood and hardwood pulp futures based on Fastmarkets prices
LONDON, June 1, 2021 /PRNewswire/ — NOREXECO ASA, the international pulp and paper exchange, launched two cash-settled China pulp futures contracts on June 1 based on Fastmarkets’ prices to meet growing demand for hedging in the international pulp market.
The contracts, one for softwood pulp and one for hardwood pulp, are settled against the monthly averages of Fastmarkets RISI’s NBSK CIF China assessment and Fastmarkets FOEX’ PIX China BHKP Net index. These prices reflect trade in the offshore…
