by Sean Ungerer | Jun 12, 2023 | Forestry and Paper
May highlights for pulp, graphic paper and packaging: Paper pulp prices were firmly in the red across all regions, with hardwood hit the hardest in China (-23%), followed by Europe (-11%). Graphic paper prices in Europe edged down further (-1% to -3%), however remain...
by Sean Ungerer | May 26, 2023 | Forestry and Paper
Hardwood pulp prices show signs of stabilization in China: However, NOREXECO pulp futures for CY 23E imply a further 11-15% decline in Europe, and a further decline for softwood of up to 5% in China, with more pressure expected for Europe in 2024. In the US, spot...
by Sean Ungerer | May 22, 2023 | Forestry and Paper
Pulp prices under further pressure across all regions: NOREXECO pulp futures for CY 23E imply a further 11-15% decline in Europe, and a further decline of up to 5% in China, with more pressure expected for Europe in 2024. According to UTIPULP statistics, European...
by Sean Ungerer | May 4, 2023 | Forestry and Paper
Excluding forestry fair value gains, underlying EBITDA held up relatively well considering current market conditions, with EBITDA down 6% q/q to €336mn: However, reported underlying EBITDA from continuing operations dropped 24% y/y and by -23% q/q to €351mn. This was...
by Sean Ungerer | Apr 14, 2023 | Forestry and Paper
Pulp prices down 7-9% in China, with pressure in all other regions as well: This has already seen some suppliers in China and Canada taking downtime or holding back from issuing new offers. NOREXECO pulp futures for CY 23E imply a further 5-9% decline in Europe, and a...
by Sean Ungerer | Mar 31, 2023 | Forestry and Paper
Pulp prices stable to slightly down, with more relief for European pulp buyers: Hardwood DP was stable this week, while softwood DP decreased by 2% w/w. NOREXECO pulp futures for CY 23E imply an 5-9% decline in Europe, and a decline of 7-9% in China, with...
