by Sean Ungerer | Jan 20, 2023 | Forestry and Paper
Pulp prices start edging down in Europe: NOREXECO pulp futures for CY 23E imply a 12-21% decline in Europe, and a decline of 9-20% in China. Recent UTIPULP data for November showed European pulp consumption was down for a third consecutive month (-13% y/y and -8%...
by Sean Ungerer | Jan 16, 2023 | Forestry and Paper
Q4 22A key prices changes: The imported hardwood (HW) DP price averaged $963/t ($: -18% q/q & +3% y/y; R: -15% q/q & +18% y/y). DP/pulp spread averaged $ 110/t. December 2022 key prices changes: Imported HW DP price averaged $ 908/t ($: -5% m/m & +0% y/y;...
by Sean Ungerer | Jan 13, 2023 | Forestry and Paper
Pulp prices stable to slightly softer: NOREXECO pulp futures for CY 23E imply a 13-21% decline in Europe, and a decline of 9-20% in China. In December, Suzano announced a $40/t (5%) price cut for BEK pulp in China. SCA has restarted its 900ktpa Östrand pulp mill...
by Sean Ungerer | Dec 15, 2022 | Forestry and Paper
UPM hosted a Pulp market and demand growth update this week: The update focussed on the pulp market and expected demand growth; the UPM growth project in Uruguay and their commercial strategy driving growth. Growth outlook for pulp is driven by robust LT megatrends:...
by Sean Ungerer | Dec 12, 2022 | Forestry and Paper
November 2022 key prices changes: The imported hardwood (HW) DP price averaged $ 952/t (USD: -8% m/m & +2% y/y; ZAR: -11% m/m & +15% y/y). The DP/pulp spread averaged $ 87/t. Medium-grade VSF was down 3% m/m & -18% y/y. Key w/w moves: Cotton +2%; ICE...
by Sean Ungerer | Dec 9, 2022 | Forestry and Paper
November average price changes: NBSK pulp -2% m/m; +12% y/y; BHKP pulp 0% m/m; +21% y/y; China BHKP net pulp 0% m/m; +57% y/y; China NBSK net pulp -2% m/m; +30% y/y; BCTMP -1% m/m; +33% y/y; US CFS +0% m/m; +20% y/y; LWC +3% m/m; +70% y/y; CWF +4% m/m; +69% y/y; UWF...
