Question-and-Answer Session
Operator
Your first question comes from Garik Shmois - Longbow.
Garik Shmois - Longbow
Steve, on the wallboard price increase that you mentioned that was announced for today, was this the first price increase for October?
Steven Rowley
That’s correct.
Garik Shmois - Longbow
As far as your energy costs in cement go, you mentioned that you’re expecting an increase next year, particularly for coke. How much would your costs go up?
Steven Rowley
That will vary. We still haven’t finished negotiating all of our fuel contracts for next year, but it’s going to go up at least another 10%. A combination of power costs going up as well as the costs both of the coal and petroleum coke, as well as the rail cost to deliver them to our plant.
Garik Shmois - Longbow
That’s estimated in the cost of energy or the total cost for production?
Steven Rowley
The cost of energy.
Garik Shmois - Longbow
Sorry to be picky here -- is that fiscal ?10 or calendar ?09?
Steven Rowley
Fiscal.
Garik Shmois - Longbow
On cement, with freight rates coming down here can you just talk about the potential risk of imports reentering the U.S. market?
Steven Rowley
Currently, we haven’t seen that happen. I don’t know that we’ve seen prices drop off that much but you never know. As far as what I’m seeing presently in the marketplace, I still see imports being less and less every month and I see more and more cement from region to region.
Operator
Your next question comes from Kathryn Thompson - Avondale Partners.
Kathryn Thompson - Avondale Partners
First in terms of pricing, first wallboard and then cement, where did pricing end up for the quarter? How should we think about that for the next couple of quarters?
Steven Rowley
Pricing for wallboard ended a little bit above for us, our mill net was a little bit above $103/1,000. Currently there is still a lot of upward momentum. A combination of things; the industry, I still do not believe is holding their heads above cash costs so I think there’s some momentum for further pulp price increase just to get in the industry even. As well as there’s always some fixed job quotes that just take a while for those jobs to finish and those lower costs to come off and the higher job quotes to take their place.
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