Exchange specialised for the global pulp and paper industry
Since 2016, NOREXECO has been a benchmark provider for pulp futures and fibre markets — delivering independent market intelligence to producers, traders, and investors worldwide.
Built on Principles that Matter
Data Integrity
Every futures contract settlement price we publish is independently verified and derived from real transaction data across multiple market participants.
Global Reach
Our market intelligence covers trade flows across Europe, Asia-Pacific, and the Americas, delivering a truly global perspective.
Market Precision
Granular price discovery methodology ensures our indices reflect true market conditions, not lagging survey data.
Sustainability Focus
All NOREXECO products are on green forest based and renewable products
A Decade of Market Innovation
2012
NOREXECO was established
2014
Received licence as regulated market place
2016
The first futures transaction at NOREXECO.
2019
Recycled OCC and packaging-grade coverage expanded
2021
Benchmark administrator for Shanghai Pulp
2022
API access and real-time data feeds introduced
2025
Launches Market Supporter Program/Liquidity Program
2026
The delisting of European Gross Price contracts and listening of spot based futures contracts for Europe
Our Team
Stein Ole Larsen
CEO
Jonathan Studsrød
CFO
Hannu Hara
COO
Morten Erichsen
Senior Director
Anita Skjong
Director Markets
Janette Bråten
Operations Manager
Andreas Stangnes
IT Operations Manager
Mikkel Blaker
Desk Manager
Markus Stangnes
IT Operations Assistant
Board of Directors
Kåre Krogstad
Chairman
Jan-Petter Torgersrud
Member
Anne Delphin
Member
Mari Lie
Member
Nils-Håkon Lie
Member
Tron Lie
Deputy