Calejo Pulp Futures predicted, with very good timing, the fateful

financial crisis in 2009. And when most other market analysts last

autumn indicated continuing high levels of pulp prices, Calejo turned

to the Swedish and international media to warn of a new trend reversal

during late summer 2011 with declining pulp prices – which actually

occurred. This was an insight that Calejo’s customers had already

possessed for more than two years.

Now a trend reversal upward is predicted and highly favorable times for

pulp mills, with record-high prices for NBSK toward the close of 2013

and into 2014. Prices are forecast to reach well over USD 1,000 per

ton.

Calejo’s forecast model is unique and is on the absolute leading edge

technologically. It is based on an Artificial Neural Network (ANN) and

is self-learning on the basis of the historical statistics used. The

accuracy, meaning the ability to forecast trend reversals and price

trends two years ahead, has historically been 86 percent.