FOEX pulls down benchmark NBSK price to $478.91/tonne

paperloop.com
HELSINKI, July 17, 2001 (Reuters) - Finnish index compiler FOEX on Tuesday put the benchmark price of northern bleached softwood pulp at $478.91/tonne, down from last week's $490.85/tonne, and said the price of lightweight coated magazine (LWC) paper had also fallen.
FOEX calculates the weekly benchmarks based on information from buyers, sellers and agents in the pulp and paper trade. It eliminates the highest and lowest 10 percent of prices, and calculates the indices as the average of the remaining prices.