by Sean Ungerer | Mar 7, 2022 | Forestry and Paper
Lenzing successfully opens world’s largest lyocell plant in Thailand Key w/w moves: Cotton -2%; Polyester +4%; HW DWP +3%, China-origin DWP +7%, medium and high-end VSF +1% and Lyocell +1 w/w. Cotton’s premium to VSF is still 61% (2021 average: 30%) and a 162% premium...
by Sean Ungerer | Mar 4, 2022 | Forestry and Paper
February 2022 average price changes (Europe unless otherwise stated): NBSK pulp +2% m/m; +35% y/y; +6% vs. 2021 average. BHKP pulp +0% m/m; +50% y/y; +13% vs. 2021 average. China BHKP net pulp +8% m/m; +7% y/y; -5% vs. 2021 average. China NBSK net pulp +6% m/m; +3%...
by Sean Ungerer | Mar 2, 2022 | Forestry and Paper
Sylvamo (spun out of IP) may curtail or temporarily shut down production at its Svetogorsk mill in Russia (at the border with Finland) due to inadequate supplies of critical raw materials from Europe: Currently, they are operating in Russia; however, are trying to...
by Sean Ungerer | Mar 2, 2022 | Forestry and Paper
Mondi to report FY 21E results this Thursday: We expect underlying EBITDA to increase by 7% y/y to EUR 1,444mn. This drives underlying EPS growth of 12% y/y to EUR 1.45/share and we expect a final DPS of EUR 0.46/share (FY DPS: EUR 0.66/share). Net debt/EBITDA likely...
by Sean Ungerer | Mar 1, 2022 | Forestry and Paper
Key w/w moves: Cotton -2%; Polyester +3%; HW DWP +1%, China-origin DWP flat%, high-end VSF +1% and Lyocell flat w/w. Cotton’s premium to VSF has narrowed further to 61% (2021 average: 30%) and a 170% premium to polyester (2021 average: 150%). The VSF premium to...
by Sean Ungerer | Feb 23, 2022 | Forestry and Paper
Pulp prices in the green, with China softwood pulp leading gains: Prices for pulp imports look set to creep up in China across the board, driven by supply-side disruptions and shortages with customers. Suzano has announced a USD 30/t price increase for BEK pulp for...
