NBSK definition
Examples of NBSK in a sentence
Provide for the establishment of a trust fund which will provide the equivalent to the Pulp Price Trigger of $500.00 per active employee per calendar quarter that the RISI Eastern US Benchmark NBSK price averages over US$700/MT for the quarter to a trust fund administered by the Local Union.
Example: Quarter 4 2002 average RISI NBSK price equals $600, then there is no price increase, as this is below $630.
If the RISI average transaction price for Northern Bleached Softwood Kraft Pulp (NBSK) delivered to the United States as published in the RISI World Pulp Monthly Report is less than $570 per metric tonne for the most recent previous calendar quarter, then the price of basestock set forth in Schedule 2 for the ensuing quarter will be decreased by 50% of the difference between $570 and the RISI average transaction price for the previous calendar quarter.
If the average transaction price for NBSK is between $630 and $570, there is no change to the selling price of basestock for that ensuing quarter.
If the average price of NBSK for Q2 2003 were to fall to $530, there would be an additional $5/tonne price decrease for the third quarter ($20/tonne total price increase as compared to Schedule 2 pricing).
If the NBSK index is more than US$ * above or below the US$ * level, then shall the price be adjusted with * percent of the increase or the decrease.
INCREASE: If the RISI average transaction price for Northern Bleached Softwood Kraft Pulp (NBSK) delivered to the United States as published in the RISI World Pulp Monthly Report, exceeds $630 per metric tonne for the most recent previous calendar quarter, then the price of basestock set forth in Schedule 2 for the ensuing quarter will be adjusted upwards by 50% of the [LOGO] difference between the previous calendar quarter average RISI NBSK price per tonne and $630.
If the NBSK index is more than US$ * above or below the agreed price, then shall the price be adjusted with * percent of the increase or the decrease.
A Pulp Price Trigger Bonus shall be incorporated into the agreement to read as follows: “Provide a $500 bonus payment for each active employee per calendar quarter for each calendar quarter that the RISI reported NBSK price delivered to Eastern US averages over C$1020/mt for the quarter (based on the Bank of Canada C$/US$ averaged exchange rate for the corresponding period).
Over the same period, supply of BSK is projected to increase as new producers come online, due to recent increases in northern bleached softwood kraft ("NBSK") prices.