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  <description>Working notes on pulp and waste paper grades, shipping terms and what decides a claim at the discharge port.</description>
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  <copyright>TOYO PAPER USA INC</copyright>
  <lastBuildDate>Thu, 12 Nov 2026 09:00:00 GMT</lastBuildDate>
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    <title>TOYO PAPER USA INC — Notes</title>
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    <title>Fluff and dissolving pulp: two grades that are not papermaking pulp</title>
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    <pubDate>Thu, 12 Nov 2026 09:00:00 GMT</pubDate>
    <description>Both are sold by the metric ton alongside BSKP and BHKP, and neither is destined for a paper machine. What each is actually specified on, why strength and brightness are the wrong measures, and what an inquiry needs to state to come back with a usable offer.</description>
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    <title>How an irregular lot gets priced when there is no index</title>
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    <pubDate>Tue, 10 Nov 2026 09:00:00 GMT</pubDate>
    <description>Prime grades have a reference price. A pallet of mixed reels from a converter that changed specification four years ago has nothing of the kind, and still has to become a number. The four components of the valuation, and what a seller can do in an afternoon to move it.</description>
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    <title>The loading port decides whether a marginal lot works at all</title>
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    <pubDate>Sat, 07 Nov 2026 09:00:00 GMT</pubDate>
    <description>The ocean leg to Asia is a competitive, transparent cost. The truck ride from an inland warehouse to the port is neither, and it is frequently the larger number. Why booking from a convenient port kills lots that would otherwise trade, and what the nearest-port principle changes about an offer.</description>
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    <title>Payment terms: what T/T, L/C and the rest are actually securing</title>
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    <pubDate>Thu, 05 Nov 2026 09:00:00 GMT</pubDate>
    <description>Between the moment a container leaves and the moment money settles, somebody is exposed. What T/T, documentary credits and documentary collections each secure, what they cost, and why a first shipment with a new counterparty is structured differently from the tenth.</description>
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    <title>What arrives with a shipment, and what each document is for</title>
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    <pubDate>Tue, 03 Nov 2026 09:00:00 GMT</pubDate>
    <description>The cargo moves on a vessel; the ownership moves on paper. What each of the standard documents actually does, which single one is a title to the goods, why an original is sometimes couriered and sometimes not, and how a one-character error holds a container at the port.</description>
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    <title>FOB, CFR, CIF: who carries what, and where it changes hands</title>
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    <pubDate>Thu, 29 Oct 2026 09:00:00 GMT</pubDate>
    <description>Three letters decide who books the vessel, who pays freight, who insures the cargo and at which moment the loss becomes the buyer’s problem — and those are not the same question. What each term obliges, where risk actually transfers, and the well-known reason FOB fits containers badly.</description>
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    <title>Anatomy of a claim at the discharge port</title>
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    <pubDate>Tue, 27 Oct 2026 09:00:00 GMT</pubDate>
    <description>Most claims on fibre shipments are not caused by bad material. They are caused by a description that was never a specification. The five things that actually trigger a claim, the evidence that settles one, and the prevention that costs nothing at the offer stage.</description>
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    <title>Moisture: the number argued over more than any other</title>
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    <pubDate>Sat, 24 Oct 2026 09:00:00 GMT</pubDate>
    <description>Paper absorbs and releases water, and weight is what gets invoiced. Why moisture produces more disputes than contamination does, what a contract needs to say beyond a maximum percentage, and why the point of measurement matters as much as the number.</description>
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    <title>Mixed paper is three grades, not one</title>
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    <pubDate>Thu, 22 Oct 2026 09:00:00 GMT</pubDate>
    <description>ISRI PS-2013 contains three mixed paper grades, and their prohibitive limits run from 2% down to half of one per cent. What separates Residential, Soft and Hard, what the 10% groundwood threshold actually does to a furnish, and why a contract that says only &quot;mixed paper&quot; has not specified anything.</description>
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    <title>SOP vs SWL: why one allows colour and the other does not</title>
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    <pubDate>Tue, 20 Oct 2026 09:00:00 GMT</pubDate>
    <description>Both grades come out of offices and both are groundwood-free, yet their tolerances differ by a factor of two. Colour is the dividing line. What each definition actually permits, what it costs at the sorting line, and which one a deinking mill should be contracting.</description>
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    <title>Off grade is not scrap</title>
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    <pubDate>Sat, 17 Oct 2026 09:00:00 GMT</pubDate>
    <description>A tonnage that fails one customer’s specification is rarely bad fibre. The six defects that put material off grade, why end uses are not interchangeable, how the discount is actually calculated against the prime grade — and why an optimistic description costs the seller money rather than making it.</description>
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    <title>NBKP, LBKP, BSKP, BHKP: the same pulp, different names</title>
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    <pubDate>Sat, 17 Oct 2026 09:00:00 GMT</pubDate>
    <description>Two of those letters come from Japanese and describe leaves rather than wood. Where the two conventions are straight translations of each other, where NBSK and BEK look like synonyms but are narrower, and the three lines that make an inquiry impossible to misread.</description>
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    <title>OCC vs DSOCC: what separates grade 11 and grade 12</title>
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    <pubDate>Sat, 17 Oct 2026 09:00:00 GMT</pubDate>
    <description>On an offer sheet the two grades differ by one digit. In a mill they behave differently enough that contracting the wrong one is a recurring source of claims. What double-sorting removes, why the specification carries two tolerance figures rather than one, and the four habits that prevent most disputes.</description>
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