Norexeco AS

NOREXECO is a regulated commodity exchange dedicated to the global pulp and paper industry. It provides access to cash-settled financial futures that allow producers, consumers, and financial participants to manage price risk and capture trading opportunities in a transparent and efficient market. Since 2016, NOREXECO has been a benchmark provider for pulp futures and fibre markets, delivering independent market intelligence to producers, traders, and investors worldwide. Its market intelligence covers trade flows across Europe, Asia-Pacific, and the Americas. The exchange works with partners including European Commodity Clearing (ECC), Fastmarkets, Shanghai Futures Exchange (SHFE), and CQG.

NOREXECO was established in 2012. It received a licence as a regulated market place in 2014. The first futures transaction at NOREXECO took place in 2016. In 2019, recycled OCC and packaging-grade coverage expanded. In 2021, it became benchmark administrator for Shanghai Pulp. In 2022, API access and real-time data feeds were introduced. In 2025, it launched the Market Supporter Program/Liquidity Program. In 2026, European Gross Price contracts were delisted and spot-based futures contracts for Europe were listed.

The Global Exchange for Green, Forest-Based Futures

• NBSK Shanghai Pulp futures

  Financially settled against the NOREXECO Shanghai Final Index (NSFI); underlying is the Final Delivery Settlement Price of the Bleached Softwood Kraft Pulp Futures Contract traded on the Shanghai Futures Exchange (SHFE), exclusive of VAT and converted to USD.

• BHKP China Net futures

• BHKP Europe futures

• NBSK Europe futures

1. 1Homenorexeco.com
2. 2Pulpnorexeco.com
3. 3Aboutnorexeco.com