Fluff Pricing Assessment

  • Commodity Pricing

fluff Markets Covered: 

usUnited States
itItaly
deGermany
cnChina
inIndia

fluff Markets Covered: 

Global fluff Price Trend, Analysis and Forecast​

In Q1 2025, Fluff Pulp prices in the USA fell again to USD 924/MT, a 2.12% decline from Q4. This softness was due to slower domestic consumption early in the year, especially as hygiene manufacturers focused on clearing stocks built up in late 2024. Reduced export interest from China, where buyers continued to favor local alternatives, also weighed on US sales. Although operating rates at US mills remained steady, abundant supply in the market kept prices from recovering during the quarter. 

In Q4 2024, prices dipped slightly to USD 944/MT, down 2.1%. This adjustment was expected, as many buyers reduced purchasing volumes to manage year-end inventories. The market also saw an increase in available supply from both domestic mills and global competition, particularly from South America, which added to the pressure. Meanwhile, some converters delayed orders in anticipation of better pricing in the new year, contributing to the overall cooling in trade activity. 

In Q3 2024, Fluff Pulp prices in the USA jumped to USD 964/MT, marking a 6.4% increase from the previous quarter. The rise was mainly driven by higher export activity, as buyers in Latin America and the Middle East ramped up orders to meet peak hygiene product demand. Unplanned mill outages due to hurricane-related weather events in the Southeastern USA also limited production and reduced immediate availability. On top of that, a favorable price spread over SBSK encouraged more dedicated Fluff production, but not quickly enough to meet rising demand. 

In Q2 2024, prices in the USA moved up modestly to USD 906/MT, rising by 1.57% from Q1. The increase was supported by seasonal demand growth from hygiene product manufacturers. Some tightness in availability was also seen due to planned maintenance at swing mills, which temporarily reduced production. Furthermore, improved margins encouraged a few mills to shift capacity back to Fluff, helping stabilize prices after a soft start to the year. 

In Q1 2024, Fluff Pulp prices in the USA eased slightly to USD 892/MT, reflecting a 0.78% drop from the previous quarter. This decline came as US mills faced weaker export orders, especially from China, where substitution with local alternatives became more common. At the same time, stable demand in mature markets like North America couldn’t fully absorb the available supply, leading to a buildup of inventories. Additionally, the narrowing price spread between Fluff Pulp and Southern Bleached Softwood Kraft (SBSK) Pulp made swing mills less inclined to prioritize Fluff, adding to overall supply pressure. 

India fluff Price Trend, Analysis and Forecast

In Q1 2025, the market experienced a slight decline with prices falling to USD 1110/MT, down 1.8% from the previous quarter. The early-year slowdown in purchasing, following the New Year and inventory carryover from Q4 2024, led to reduced buying activity across the sector. Import prices eased slightly as global availability improved, especially from the USA, where producers offered competitive rates to regain volume. Additionally, currency stabilization and smoother port operations in India helped maintain adequate supply at lower delivered costs. 

In Q4 2024, Fluff Pulp prices in India softened slightly to USD 1130/MT, a marginal 0.88% decline. This modest drop was linked to cautious buying behaviour from converters aiming to control year-end inventories and manage cash flows. Abundant supply in the domestic market, as delayed shipments from earlier quarters finally arrived, also relieved some pricing pressure. Meanwhile, stable production from local hygiene manufacturers prevented any significant dip in demand but wasn’t strong enough to push prices up. 

In Q3 2024, prices in India saw a sharp jump to USD 1140/MT, marking an 8.6% rise. The surge was primarily due to increased stocking by large hygiene product brands ahead of the festive season, which boosted procurement volumes. At the same time, some global suppliers diverted shipments to Latin America and the Middle East, reducing the quantity arriving in India. Moreover, heavy monsoon rains in western India affected inland logistics, causing delivery delays and pushing prices higher in key consumption hubs like Mumbai. 

In Q2 2024, Fluff Pulp prices in India increased further to USD 1050/MT, up 1.94%. This gradual rise was supported by steady production activity in the hygiene and personal care sector, with manufacturers maintaining procurement to meet stable retail demand. Freight costs also remained elevated due to longer transit times from the USA and Europe, contributing to overall pricing pressure. Additionally, importers faced delays in customs clearance and port congestion in Mumbai, which restricted prompt availability and added to cost pass-throughs. 

In Q1 2024, Fluff Pulp prices in the domestic market of India (Ex Mumbai) rose slightly to USD 1030/MT, reflecting a 3% increase from the previous quarter. The price uptick was mainly driven by firm demand from hygiene product manufacturers, especially in urban centers, where rising awareness and usage of baby diapers and adult incontinence products supported consumption. At the same time, the Indian Rupee weakened against the US Dollar, raising the landed cost of imported Fluff Pulp. Furthermore, limited import volumes arriving at key ports, as some suppliers prioritized other regions, led to tighter availability in the local market. 

fluff Parameters Covered: 

  • Southern Pine
  • SBSK Pulp
  • USA 
  • Baby Diapers, Adult Incontinence Products, Feminine Hygiene Pads (Hygiene Industry)
  • Air-Laid Nonwovens, Wet Wipes (Personal Care Industry)
  • China
  • Italy
  • Germany
  • India

fluff Parameters Covered: 

  • Southern Pine
  • SBSK Pulp
  • USA 
  • Baby Diapers, Adult Incontinence Products, Feminine Hygiene Pads (Hygiene Industry)
  • Air-Laid Nonwovens, Wet Wipes (Personal Care Industry)
  • China
  • Italy
  • Germany
  • India

Why PriceWatch?

PriceWatch is your trusted resource for tracking global fluff price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the fluff market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence fluff prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely fluff market data.

Track PriceWatch's fluff price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in Fluff prices

  • Weakened Chinese Import Demand (2023–2024): Fluff Pulp exports from the USA to China declined as Chinese manufacturers increasingly adopted domestic or lower-cost alternatives. This reduced reliance on US-origin pulp pressured prices, especially during periods of abundant supply and weaker margins for swing mills shifting between Fluff and SBSK production. 
  • COVID-19 Pandemic Impact (2020): The global outbreak led to a sudden drop-in industrial activity, disrupting pulp logistics and operations at US mills. However, demand quickly rebounded as hygiene products like diapers and wipes became essential. This sudden demand surge led to short-term price spikes, followed by volatility as market conditions continuously shifted throughout the pandemic period. 
  • U.S.–China Trade War (2018–2019): Trade tensions between the USA and China created uncertainty in pulp exports. Chinese buyers hesitated on long-term contracts and looked to alternative sources due to fears of rising tariffs, which disrupted steady demand. The unpredictable trade environment caused erratic pricing and occasional inventory buildup in US warehouses. 


These factors highlight the Fluff Pulp market’s sensitivity to global disruptions and energy price fluctuations, which have caused significant price volatility over the years.
 

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions. 
  • On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major Fluff Pulp production hubs. This ground-level intelligence is crucial for understanding localized market dynamics. 
  • Supply Chain Monitoring: We track the entire Fluff Pulp supply chain, from raw material availability (e.g., Southern pine wood, SBSK Pulp etc.) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics. 

Event Tracking and Impact Analysis​

  • Geopolitical Tensions: PriceWatch continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact Fluff Pulp prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing. 
  • Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on Fluff Pulp production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks. 
  • Economic Shifts: PriceWatch evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., Healthcare & Hygiene Industry), to predict shifts in Fluff Pulp demand and corresponding price movements.

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a comprehensive database of global Fluff Pulp production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately. 
  • Future Capacity Projections: Our research includes detailed forecasts of upcoming Fluff Pulp production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

  • Sectoral Demand Analysis: PriceWatch provides in-depth analysis of demand trends across key sectors, including, Healthcare & Hygiene Industry. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments. 
  • Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global Fluff Pulp pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations. 

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast Fluff Pulp prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power. 
  • Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes. 

Reporting and Client Support

  • Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations. 
  • Ongoing Support: PriceWatch offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice. 

 

This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Fluff Pulp pricing assessments, helping our clients stay ahead of market trends and make informed business decisions. 

Molecular Weight[g/mol]

CAS No

65996-61-4

HS Code

47032100

Molecular Formula

(C6H10O5)n
fluff

Untreated Softwood Fluff Pulp mainly produced in the USA is made primarily from high-quality Southern softwood trees, known for their strong and long cellulose fibers. This pulp is processed without chemical treatment or additives, maintaining its natural fiber structure. It offers excellent bulk, high absorbency, and strong liquid distribution capabilities, making it ideal for use in hygiene and absorbent products. Being untreated, it also provides flexibility for customers who require pulp that can be tailored or modified in downstream applications.

Packaging Type

Rolls covered with Plastic Film (Width: 19 inches)

Grades Covered

Untreated Softwood Fluff Pulp

Incoterms Used

FOB Houston, CIF Genoa (USA), CIF Hamburg (USA), CIF Shanghai (USA), CIF Nhava Sheva (USA), Ex-Mumbai

Synonym

Fluff Fiber, Absorbent Pulp, Cellulose Fluff, Bleached Softwood Kraft Pulp (BSKP – Fluff Grade)

PriceWatch Quotation Terms:

90-100 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property  Unit  Value 
Basis Weight  g/m²  750-770 
Caliper  mm  1.2-1.3 
Density  kg/m³  625 
Moisture  %  8-10 
Mullen  kPa  1035 
Brightness (ISO)  %  86 
DCM Extractives  %  <0.01 
Ash Content (525°C)  %  0.16 
Fiber Average Length (LAWFL)  mm  2.4-2.5 
Fiber Coarseness  mg/100m  22-23 
Fiber Population  million fibers/g  3-4 
Roll Diameter  cm  120-152 
Roll Width   inches  19.0 

Applications

Untreated Softwood Fluff Pulp from the USA is widely used in the core layer of hygiene products such as baby diapers, adult incontinence briefs, and feminine hygiene pads due to its natural absorbency and softness. It’s also used in air-laid nonwovens for wipes and absorbent towels, as well as in specialty applications like pet pads and medical specialties. Since the pulp is untreated, it is especially valued by manufacturers who need to customize fiber treatment for specific product performance or environmental requirements. 

Fluff price provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for fluff. PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

Fluff Pulp prices are mainly influenced by raw material costs, especially the price of Southern Pine used to make SBSK (Southern Bleached Softwood Kraft). Global demand from hygiene product manufacturers, such as diaper and sanitary pad producers, also plays a key role. In export markets, changes in demand from major importers like China, India, Germany, and Italy directly affect US pricing. Additionally, freight rates, mill operating decisions (such as switching between SBSK and Fluff Pulp), and inventory levels at both mills and buyers can lead to price fluctuations.

Logistics costs from the US to Europe—especially to Italy and Germany can significantly affect Fluff Pulp pricing. Factors like shipping delays through the Red Sea, Panama Canal congestion, or rising fuel costs can increase the delivered price of US-origin pulp. If freight rates remain high or unstable, buyers in Europe may explore alternate sources or renegotiate contracts, which can influence US mills to adjust their pricing to stay competitive in the EU market.

Swing mills, which can switch between producing Fluff Pulp and SBSK (Southern Bleached Softwood Kraft), play a critical role in supply flexibility. When Fluff Pulp prices are high, mills tend to increase its production, leading to more supply and potential price drops. Conversely, when margins favor SBSK, Fluff Pulp supply tightens, causing prices to rise. Procurement professionals should factor in mill behavior and pulp market dynamics to anticipate price changes.

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