by Sean Ungerer | May 17, 2024 | Forestry and Paper
Pulp prices continued to rally (US: +3%; Europe: +2-3% and China: 0-1%) as supply challenges persist: APP shut its pulp line (1.1Mt/yr BEK) at their Jambi mill in Indonesia following a boiler explosion on 28 April. Meanwhile, CMPC plans to resume full capacity at its...
by Sean Ungerer | Apr 19, 2024 | Forestry and Paper
Mondi Board has decided that the DS Smith transaction would not be in the best interests of its shareholders: Following a period of due diligence, and after carefully considering the value the combination with DS Smith would deliver to Mondi´s shareholders, Mondi does...
by Sean Ungerer | Apr 12, 2024 | Forestry and Paper
Finnish mills can now resume production, following the end of the strike on 8 April (initially launched on 11 March): The mills can be restarted when raw material is again available and shipments from the ports to customers begin. Pulp prices continued to increase...
by Sean Ungerer | Mar 15, 2024 | Forestry and Paper
The increase in pulp prices by 3-4% in Europe contrasts with the stable prices observed in China: Arauco expressed concerns about the Chinese market during its recent results, noting uncertainties regarding both demand and the overall economic situation. The upcoming...
by Sean Ungerer | Mar 1, 2024 | Forestry and Paper
February price update: Pulp producers experienced a positive trend with prices rising by 6-8% in Europe and 4% in the US, although prices in China slightly decreased, with hardwood DP edging up by 2%. Conversely, graphic paper prices faced pressure, with most grades...
by Sean Ungerer | Feb 21, 2024 | Forestry and Paper
Mondi is set to report its H2 23e results on February 22nd: We anticipate a full-year EBITDA of €1,157mn, with a projected Q4 23e EBITDA of €209m (or €194mn excluding the forestry fair value gain). This performance is expected to drive underlying EPS to €1.05/share...
