Time-resolved photoacoustics were used to measure the optical parameters of pulp suspensions for the first time. Reconstructing stress distribution along the direction of the incident laser light allows the effective attenuation coefficient of these suspensions to be determined. Simultaneously, the total diffuse reflectance of the suspensions was measured by the same laser source. Based on the effective attenuation coefficient and total diffuse reflectance, the absorption and reduced scattering coefficients of pulp suspensions can be calculated. In this study, three kinds of pulp suspensions with different kappa number (2, 13, and 16), a measure of lignin content in pulp fibers, were diluted with water to make samples with a consistency range from 1% to 5%, and studied at 355 nm wavelength. The results showed that the optical coefficients were approximately proportional to pulp consistency; on the other hand, the absorption coefficient was linearly correlated with kappa number, but the reduced scattering coefficient was not. Therefore, by determining its optical parameters, it is possible to extract the consistency and kappa number of an unknown pulp suspension.