Decrease. 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. . Example: The average price of NBSK for Q1 2003 is $540. A price reduction applied to basestock purchases in the second quarter would be equal to $15 per tonne ($13.64 per ton). 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).
Appears in 2 contracts
Sources: Basestock Supply Agreement (Appleton Papers Inc/Wi), Basestock Supply Agreement (Paperweight Development Corp)