|Forestweb May Pulp and Paper Price Indices
|Los Angeles, California, USA, 17 May 2007 -- /PRNewswire/ -- Forestweb's monthly indices for pulp and paper reflect the price activity in pulp, packaging, and printing/writing markets since the release of the prior report in April. The May indices indicate prices for communication papers rose, pulp and packaging remained steady, and publishing papers declined.
Forestweb's North American Communications Papers Index, static for the prior three months, increased 1.93%, reflecting rising prices in the cut-size free sheet market. The North American Publishing Papers Index declined for the 10th consecutive month, indicating continuing price erosion in the mechanical publishing paper sector.
Forestweb's North American Packaging Index remained unchanged for the fifth consecutive month. The North American Pulp Index was unchanged from April after new softwood prices were implemented earlier and hardwood prices were mostly steady.
Developed by Forestweb, the North American Pulp & Paper Indices represent a statistical measure of a weighted average for each grade and summarizes the relative changes in price levels over time.
Forestweb indices are available to Forestweb clients, clients of Bloomberg, and qualified individuals. Interested individuals can register to be added to the monthly distribution at www.forestweb.com.
Forestweb Inc., an information and technology company, manages and delivers industry-specific intelligence essential for doing business in the forest products industry. Forestweb's product offerings include the iiSolution Suite (iiHub, iiPublisher, iiReport, iiFeed), and the following business publications, The Reel Time Report and Pacific Rim Wood Market Report.
Founded in 1999, Forestweb serves the following forest product sectors: pulp, paper, packaging, recycling, forestry, logs, chips, timber, lumber and panels. The company is headquartered in Los Angeles and can be found at www.forestweb.com. For more information, email email@example.com.
Source: Forestweb Inc.