Pulpex Bulletin for Thursday, October 18, 2001

Market News:

NBSK ------------------------------------------------------------
Nov01     426.00   429.00        -        -        -     -    89
Dec01     432.00   438.00   434.00   434.00   433.00    15   134
Jan02     435.00   441.00        -        -        -     -     -
Mar02     442.00   454.00        -        -        -     -    53
Jun02     445.00   472.00        -        -        -     -    40
Sep02     461.00   489.00        -        -        -     -    35
Dec02     470.00   497.00        -        -        -     -    15
Mar03     485.00   510.00        -        -        -     -     -

BEK -------------------------------------------------------------
Nov01     410.00   415.00        -        -        -     -   126
Dec01     411.50   418.00        -        -        -     -    35
Jan02     414.00   424.00        -        -        -     -     -
Mar02     420.00   465.00        -        -        -     -     -

Settlement Prices Futures
          Today      Chg      Prev
NBSK -------------------------------
Nov01    427.50     +1.25    426.25
Dec01    434.00     +0.25    433.75
Jan02    438.00   +438.00    000.00
Mar02    448.00     -1.00    449.00
Jun02    458.50     +5.00    453.50
Sep02    475.00     +3.50    471.50
Dec02    483.50     -0.50    484.00
Mar03    498.50     -0.50    499.00

BEK --------------------------------
Nov01    412.50     +2.50    410.00
Dec01    414.75     +1.75    413.00
Jan02    421.75   +421.75    000.00
Mar02    428.75     +8.75    420.00

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