Pulpex Bulletin for Friday, November 16, 2001

Market News:
             Bid      Ask     Last     High      Low   Vol    OI
NBSK ------------------------------------------------------------
Nov01     380.00   400.00   399.75   399.75   399.75    25    82
Dec01     404.00   408.00        -        -        -     -   118
Jan02     409.00   415.00   411.75   411.75   411.75    25    51
Mar02     421.00   430.00        -        -        -     -   163
Jun02     435.00   455.00        -        -        -     -    43
Sep02     455.00   476.00        -        -        -     -    57
Dec02     465.00   476.00        -        -        -     -    15
Mar03     475.00   550.00        -        -        -     -     -

BEK ------------------------------------------------------------
Nov01          -        -        -        -        -     -    26
Dec01     395.00   403.00        -        -        -     -    40
Jan02     399.00   409.00        -        -        -     -     -
Mar02          -        -        -        -        -     -     -

Settlement Prices Futures
          Today      Chg      Prev
NBSK ------------------------------
Nov01    399.75     -1.25    401.00
Dec01    406.00     +0.00    406.00
Jan02    411.75     +0.75    411.00
Mar02    425.50     +0.00    425.50
Jun02    439.50     +0.00    439.50
Sep02    455.00     +0.00    455.00
Dec02    470.50     +1.50    469.00
Mar03    484.50     +1.50    483.00

BEK --------------------------------
Nov01    394.00     +1.00    393.00
Dec01    399.00     +1.00    398.00
Jan02    404.00     -2.00    406.00
Mar02    409.00     -2.00    411.00

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