The Short Story

Dried wood pulp in bales and rolls is sold around the world to papermakers and other end users that do not have their own pulp, or enough of their own, pulp supply. The global market for such wood pulp, known as market pulp, totals around 90 million tonnes a year valued at roughly US$75 billion. Market Pulp is the most global subsector of global forest products business. Roughly 90% of its supply is exported, generally sold in US$, with about 60% having to cross an ocean to get to its final end-use destination. That is most often China which accounts for roughly 40% of world market pulp demand.

TTOBMA started covering the sector with a subscription-based pulp market information service in April 1998 centered on its Market Pulp Monthly report. Its market intelligence services have expanded significantly since then and particularly since 2016 when it published its first open-market, transactions based, TTO (Trade Tree Online) net-pulp-price indices. What has never changed is TTOBMA’s commitment to track the leading edge of pulp markets by connecting everyday around the world with market pulp sellers, buyers, agents, traders and transporters.

Pulp Market Information Services

Price Indices

Monthly open-market, transactions-based, net-price indices for NBSK and BHK in China and Europe; NBSK, SBSK and BHK in North America and globally for Fluff Pulp, BCTMP, UKP, and textile-grade hardwood & softwood Dissolving Pulp. (They are increasingly used as pricing reference in pulp supply contracts and other commercial agreements.)

Market Insights

BMA conducts continual market analysis by connecting daily with its global network of pulp supply-chain contacts and publishes reports, videos and infographics on current and future global pulp market conditions as well as monthly-updated 5-year forecasts of all TTO pulp net-price indices. Longer-term outlooks are available on a Management Consulting basis.

Data-Driven Analysis

Use BMA's data-driven analysis to track changes in global pulp and paper capacity by mill, planned and unplanned pulp downtime and a variety of other data such as exchange rates, share prices of publicly traded pulp producers and buyers, selected freight rates and wood costs.

Special Market Reports

BMA produces annual specialty reports for Fluff Pulp, High-Yield Pulp (HYP), Canadian Pulp Mill Viability and the North American Pulp Market. Reports include market profiles, lists and maps of major producers, buyers and end-uses as well as the short-to-long-term outlook for supply, demand, and pricing.

Custom Services

BMA offers options for private, individual and group market-update sessions, online webinars & presentations, as well as customized management consulting projects.

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Pulp Net-Price Indices

Open-market, transactions-based net-price indices for NBSK and BHK in China and Europe, NBSK, SBSK and BHK in North America and globally for fluff pulp, BCTMP, UKP, and textile-grade Dissolving Pulp. Updated monthly.

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Market Insights

BMA conducts continual market analysis by connecting daily with its global network of pulp supply-chain contacts and publishes regular market update reports.

Market Pulp Monthly (MPM) report

Market analysis of recent past, current and short-term future outlook for pulp supply, demand and pricing across all grades and regions, highlighting potential effects of changes in economic, trade and FX developments.

Monthly Market-Update Videos

Roughly 3-minute videos summarizing selected top-of-mind issues in the global pulp business such as wood supply, tariffs and trade, and end-use market developments.

Monthly Price Forecasts

5-year forecasts of all TTO pulp net-price indices with monthly and quarterly details along with annual assumptions for selected currencies.

Topical Infographics

Timely and simple infographics to help provide a quick and clear understanding of today’s complex market issues.

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Data-Driven Analysis

Use BMA's data driven analysis to track changes in global pulp and paper capacity by mill, planned and unplanned pulp downtime, and a variety of other data such as exchange rates, share prices of publicly traded pulp producers and buyers, selected freight rates, and other economic parameters.

Monthly Downtime Report

Interactive report tracking and modeling global planned & unplanned downtime. Customizable by grade, time period, region, and company/mill.

Capacity Changes Lists

Monthly-updated lists and charts of recent and expected global capacity changes by pulp grade, company and mill.

Business Intelligence Charts

Continually updated pulp, pulp end-use and a wide array of economic charts subscribers can use with appropriate attribution to BMA.

Supply and Demand Matrix

Concise, monthly-updated supply & demand analysis integrating capacity changes, planned and unplanned downtime, producer and consumer pulp inventory dynamics along with BMA-forecasted demand by pulp grade and end-use.

Key Indicators Dashboard

Continually updated digital dashboard on mobile app and TTOBMA.com showing TTO indices history and forecasts, Shanghai Futures Exchange (SHFE) data, selected other commodity prices, FX rates, various other economic/financial information.

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Special Market Reports

BMA produces annual market outlook reports for fluff pulp, High-Yield Pulp (HYP) and the North American Pulp Market. Reports include market profiles, and insight on supply and demand, and pricing through 2030.

Fluff Pulp Market Outlook

Full overview of global fluff pulp market, including updated capacity figures (installed and planned), swing capacity, key customers and demand by region, end-use segments, and 10-year outlook.

High-Yield Wood Pulp Global Market Profile and Outlook

High-Yield pulp global market profile and outlook, including demand by major buyer and end-use, outline profiles of major producers, list and map of top 50 buyers as well as electricity costs and sources by major HYP supply regions.

North America Pulp Market Study

Review of the North America pulp market including estimated market share by grade, producer, buyer, and end-use application. Market size estimates for major grades and 10-year outlook.

Canada Market Pulp Mills Viability

Study of all market pulp mills in Canada and our ranking of their future viability. Includes estimates of production costs for all mills and cost information about provincial annual allowable cut projections.

China Pulp & Paper Projects

A comprehensive analysis on the potential market impact of planned additions to China's pulp and paper capacity over the next 5 years including the domestic and imported sources of wood required to support them.

Long-Term Pulp Market Outlook

Global outlook for key trends impacting pulp markets. Demand forecasts by end-use and pulp grade out to 2040. Supply trends and drivers/investment dynamics for future supply. Long term price forecasts by grade and associated price setters for each grade.

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Custom Services

BMA offers private market briefings and online webinars/presentations, in addition to customized management consulting projects.

In-Person Market Briefings

In-person or video conference pulp market briefings with BMA analysts, on request.

Webinars & Presentations

Access TTOBMA’s presentation materials used at international conferences and other events, along with periodic online pulp market update webinars.

Management Consulting

Long-term pricing outlook, strategy analysis, market supply & demand outlook for major capital investments, and specialized research projects.

TTO Now

Daily and weekly China resale prices for most grades of pulp, paper and recovered paper, including bleached and unbleached Bamboo pulp, obtained via a survey of market participants. It has recently been extended to monthly prices in several other markets. TTO Now indices differ from traditional TTO indices in that they are not strictly transactions-based and as such, are intended to be used as a supplemental reference.

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The Latest News & Insights

Curated info on global pulp/paper supply-chain market news and developments sent to your smartphone via the TTO mobile app. Includes information on selected trade developments, financial results and emerging pulp and paper marketplace issues.

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