by Sean Ungerer | Jun 8, 2022 | Forestry and Paper
May 2022 average price changes (Europe unless otherwise stated): NBSK pulp +2% m/m; +15% y/y; +10% vs. 2021 average. BHKP pulp +4% m/m; +23% y/y; +17% vs. 2021 average. China BHKP net pulp +4% m/m; +4% y/y; +7% vs. 2021 average. China NBSK net pulp +7% m/m; +0% y/y;...
by Sean Ungerer | Jun 6, 2022 | Forestry and Paper
The imported hardwood DWP averaged USD 1,114/t in May (+6% m/m and +1% y/y): The average DWP price for April-May 2022 was USD 1,083/t (-2% y/y and +17% q/q).Key w/w moves: Cotton -1%; Polyester 0%; HW DWP +0%; China-origin DWP +4%, medium-grade VSF +1%; and high-end...
by Sean Ungerer | May 31, 2022 | Forestry and Paper
Pulp prices steady but further prices increases on the cards: NOREXECO pulp futures for CY 23E imply a13-20% decline in Europe, and a decline of 13-17% in China. In China, hardwood prices are set to increase further by c.USD 30/t (effective June) following price...
by Sean Ungerer | May 30, 2022 | Forestry and Paper
Key w/w moves: Cotton -4%; Polyester 0%; HW DWP +1%; China-origin DWP +0%, medium-grade VSF +1%; and high-end VSF +1% and Lyocell +0%. Cotton’s premium to VSF is 37% (2021 average: 30%) and a 144% premium to polyester (2021 average: 150%). The VSF premium to polyester...
by Sean Ungerer | May 26, 2022 | Forestry and Paper
Slide 0 EBITDA improvement sustained by favourable S/D conditions: This allowed successful price increases across all businesses outweighing rising costs (raw materials, energy, and logistics). Revenue +44% y/y & +3% q/q; EBITDA +72% y/y & +12% q/q, which...
by Sean Ungerer | May 25, 2022 | Forestry and Paper
Pulp prices steady: NOREXECO pulp futures for CY 23E imply a 12-19% decline in Europe, and a decline of 13-17% in China. UTIPULP released March data: European pulp consumption was down 2% y/y (+7% m/m); Inventories -19% y/y (flat m/m); and Inventory days -27% y/y...
