Press release content from PR Newswire. The AP news staff was not involved in its creation. NOREXECO to launch new China pulp futures contracts based on Fastmarkets prices on June 1 April 30, 2021 GMT (PRNewsfoto/Fastmarkets) SHANGHAI, April 29, 2021 /PRNewswire/ -- Fastmarkets, the global commodity price reporting agency, and NOREXECO ASA, the international pulp and paper exchange, today announced that the exchange will launch two new cash-settled China pulp futures contracts on June 1 based on Fastmarkets RISI’s NBSK CIF China assessment and Fastmarkets FOEX’ PIX China BHKP Net index. Pulp futures are designed to help market participants manage their exposure to price risk. NOREXECO already lists contracts for hardwood and softwood pulp delivered to Europe, as well as for recycled paper – all of which are settled against Fastmarkets FOEX indices. In addition, NOREXECO has listed a Shanghai Futures Exchange (SHFE) “mirror” contract on NBSK.