Falling Pulp Prices Prove Merit of PriceBeat Online Price Service

Apr 05, 2001, 01:00 ET from Forestweb, Inc.

    SAN FRANCISCO, April 5 /PRNewswire/ -- Forestweb, Inc. said today that
 this week's fast-evolving market pulp price-decrease picture underscores the
 validity of its PriceBeat online subscription price service.
     On Monday, Apr. 2, PriceBeat subscribers learned that both Canfor Corp.
 and Sodra Cell AB had dropped their April price of benchmark northern bleached
 softwood kraft (NBSK) by $30/tonne to $620/tonne. This came a full 48 hours
 before the pulp and paper industry's leading print newsletter ran its own
 version of the story online.
     Meanwhile, Forestweb also reported that eucalyptus pricing had seen a
 $40/tonne drop in the U.S. and that other paper pulp grades appeared to have
 dropped by similar amounts.
     On Apr. 4, the day the print news service's online site carried the Canfor
 story, Forestweb had already moved on to the next major pricing development:
 market pulp giant Weyerhaeuser Co.'s notification to customers that it had
 dropped its April price by $50/tonne to $600/tonne. Forestweb posted this
 story before 10:00 a.m. PST.
     Followers of pulp and paper prices have relied historically upon weekly
 printed newsletters to stay informed of changes in the market. But the
 Internet is bringing new vitality to the business of news.  Dynamic, real-time
 online services such as PriceBeat (http://www.forestweb.com/pricebeat) keep
 readers informed of news and market changes as they happen.  This is vital,
 especially when prices are changing as rapidly as they are now.
     Market pulp is not the only area of the pulp and paper industry
 experiencing price fluctuations. PriceBeat lowered its prices on two benchmark
 coated publication grades Wednesday and reported that it expects uncoated
 prices to fall before the end of this week. On the other hand, newsprint
 producers continue to push for a price hike. The final word is not out, but
 when it comes, subscribers to online services such as PriceBeat
 (http://www.forestweb.com/pricebeat) will have the news.
     Forestweb, a Los Angeles-based news and price service for the forest
 products industry, generates, aggregates, unbundles, rebundles and integrates
 knowledge onto the desktops of the forest products industry through a variety
 of customized products and tools.
     Forestweb covers the entire forest products industry, including forestry,
 solid wood, pulp and paper, recycling, and other related segments. The
 company's website, http://www.forestweb.com, carries news, editorial features,
 statistics, resources, online directories, events, catalogs, and job
 information.
 
 

SOURCE Forestweb, Inc.
    SAN FRANCISCO, April 5 /PRNewswire/ -- Forestweb, Inc. said today that
 this week's fast-evolving market pulp price-decrease picture underscores the
 validity of its PriceBeat online subscription price service.
     On Monday, Apr. 2, PriceBeat subscribers learned that both Canfor Corp.
 and Sodra Cell AB had dropped their April price of benchmark northern bleached
 softwood kraft (NBSK) by $30/tonne to $620/tonne. This came a full 48 hours
 before the pulp and paper industry's leading print newsletter ran its own
 version of the story online.
     Meanwhile, Forestweb also reported that eucalyptus pricing had seen a
 $40/tonne drop in the U.S. and that other paper pulp grades appeared to have
 dropped by similar amounts.
     On Apr. 4, the day the print news service's online site carried the Canfor
 story, Forestweb had already moved on to the next major pricing development:
 market pulp giant Weyerhaeuser Co.'s notification to customers that it had
 dropped its April price by $50/tonne to $600/tonne. Forestweb posted this
 story before 10:00 a.m. PST.
     Followers of pulp and paper prices have relied historically upon weekly
 printed newsletters to stay informed of changes in the market. But the
 Internet is bringing new vitality to the business of news.  Dynamic, real-time
 online services such as PriceBeat (http://www.forestweb.com/pricebeat) keep
 readers informed of news and market changes as they happen.  This is vital,
 especially when prices are changing as rapidly as they are now.
     Market pulp is not the only area of the pulp and paper industry
 experiencing price fluctuations. PriceBeat lowered its prices on two benchmark
 coated publication grades Wednesday and reported that it expects uncoated
 prices to fall before the end of this week. On the other hand, newsprint
 producers continue to push for a price hike. The final word is not out, but
 when it comes, subscribers to online services such as PriceBeat
 (http://www.forestweb.com/pricebeat) will have the news.
     Forestweb, a Los Angeles-based news and price service for the forest
 products industry, generates, aggregates, unbundles, rebundles and integrates
 knowledge onto the desktops of the forest products industry through a variety
 of customized products and tools.
     Forestweb covers the entire forest products industry, including forestry,
 solid wood, pulp and paper, recycling, and other related segments. The
 company's website, http://www.forestweb.com, carries news, editorial features,
 statistics, resources, online directories, events, catalogs, and job
 information.
 
 SOURCE  Forestweb, Inc.