European consumer pulp inventories fall in October, consumption rises 2.5%
BRUSSELS, Nov. 18, 2010 (RISI) - European consumer pulp inventories dipped in October, falling 3.3% from September to 686,828 tonnes, according to UTIPULP data.
Inventories were 19,312 tonnes (2.7%) lower than the year-earlier level of 706,140 tonnes.
The figures break down as 20 days' worth of stock last month, one day less than in September, and two days less than in October 2009.
Pulp consumption increased in October by 2.5% from 1,062,689 tonnes in September to 1,088,911 tonnes. The October figure was 3.3% higher than in the year-earlier period, when consumption stood at 1,053,886 tonnes.
UTIPULP statistics include information from Austria, Belgium, Denmark, France, Germany, Italy, the Netherlands, Portugal, Spain, Switzerland and the UK for sulfite and kraft pulps.
October 2010 September 2010 % change
Consumption (tonnes) 1,089 1,063 2.5
Stocks (tonnes) 687 710 -3.3
Stocks (days) 20 21 -1 day
Note: Figures have been rounded.