Pulpex Bulletin for Tuesday, October 23, 2001

Market News:

NBSK ------------------------------------------------------------
Nov01     421.00   427.00        -        -        -     -    79
Dec01     428.00   433.00   432.00   432.00   432.00     5   134
Jan02     432.00   438.50        -        -        -     -     -
Mar02     446.00   451.00   452.00   452.00   452.00   100    53
Jun02     443.00   476.00        -        -        -     -    40
Sep02     461.00   481.00        -        -        -     -    35
Dec02     480.00   497.00        -        -        -     -    15
Mar03     490.00   510.00        -        -        -     -     -

BEK -------------------------------------------------------------
Nov01     402.00   412.00   408.50   408.50   408.50   100   126
Dec01     406.00   415.00   413.00   413.00   413.00     5    35
Jan02     410.00   420.00        -        -        -     -     -
Mar02     415.00   425.00        -        -        -     -     -

Settlement Prices Futures
          Today      Chg      Prev
NBSK -------------------------------
Nov01    424.00     -2.00    426.00
Dec01    432.00     +0.50    431.50
Jan02    435.50     -0.50    436.00
Mar02    448.50     +1.00    447.50
Jun02    459.50     -3.50    463.00
Sep02    471.00     -8.50    479.50
Dec02    486.00     -8.50    494.50
Mar03    501.00     -8.50    509.50

BEK --------------------------------
Nov01    408.50     -2.50    411.00
Dec01    413.00     -1.00    414.00
Jan02    415.00     -6.00    421.00
Mar02    422.00     -6.00    428.00

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