Pulp futures began trading at NYBOT on March 4, 2005 with options added on March 7. The first weeks of trading the new contract have seen a consistent daily volume level and growing open interest in all the listed months.
The NYBOT pulp contract (symbol P) is for 20 air-dry metric tons of Northern Bleached Softwood Kraft (NBSK) pulp, which must be a commercially accepted “prime” grade of a specific moisture, dirt count and brightness. The Pulp section on the NYBOT website (www.nybot.com/pulp) has more information regarding the new contracts.
The New York Board of Trade (NYBOT) is New York’s original futures exchange, where the world trades food, fiber and financial products. For well over a century, the New York Board of Trade has provided reliability, integrity and security in a global marketplace for cocoa, coffee, cotton, ethanol, orange juice, pulp and sugar, as well as currency and index futures and options. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com.
