CME Group » Agriculture » Softwood Pulp
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Softwood Pulp 
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Softwood Pulp futures provide a way to:

  • Trade cash-settled contracts based on the PIX NBSKP Europe Index by FOEX Indexes Ltd. [See link content below]
  • Effectively manage the price risk that merchandisers, producers, processors and others have related to the purchase or sale of wood pulp
  • Evaluate or reflect on both the current and future supply and demand situation for wood pulp and related products
  • Trade to hedge or speculate based on expectations of directional price, spread movement or volatility in wood pulp

 

Things to Know:

  • Softwood Pulp futures are a cash-settled contract based on 20 metric tons (MT) times the PIX NBSKP Europe Index monthly average per MT
  • You can view free electronic real-time price quotes on Softwood Pulp futures, including:
    • Best bids and offers
    • Daily trading activity
    • Outright and spread markets
  • Contracts trade virtually 24 hours a day on the CME Globex electronic trading platform
  • Electronically traded Softwood Pulp futures offer:
    • Direct participation in the trading process
    • Greater pricing efficiency
    • Millisecond response time
    • Designated market makers

 

 

FOEX Indexes Ltd.

FOEX Indexes Ltd. is a private, Finland-based independent company that specializes in providing audited, trade-mark registered pulp and paper price indexes. FOEX indexes are widely used in the global forest products industry as benchmarks for cash market transactions and over-the-counter trading. The PIX NBSKP Europe Index focuses on northern bleached softwood kraft pulp of European origin, which comprises the largest category of pulp.