by Sean Ungerer | Mar 29, 2022 | Forestry and Paper
Key w/w moves: Cotton +7%; Polyester +2%; HW DWP +1%; China-origin DWP 0%, medium-grade VSF 0%; and high-end VSF +1% and Lyocell +1%. Cotton’s premium to VSF is 65% (2021 average: 30%) and a 179% premium to polyester (2021 average: 150%). The VSF premium to polyester...
by Sean Ungerer | Mar 24, 2022 | Forestry and Paper
Pulp prices firmly in the green: NOREXECO pulp futures imply flat pulp prices for the rest of 2022 in Europe, while prices in China are expected to increase by 5-7%. For 23E, the futures imply an 9-14% decline in Europe, while prices in China are expected to decline...
by Sean Ungerer | Mar 22, 2022 | Forestry and Paper
Key w/w moves: Cotton +5%; Polyester -4%; HW DWP stable China-origin DWP +1%, medium-grade VSF +1% w/w; and high-end VSF and Lyocell stable. Cotton’s premium to VSF is 63% (2021 average: 30%) and a 180% premium to polyester (2021 average: 150%). The VSF premium to...
by Sean Ungerer | Mar 15, 2022 | Forestry and Paper
Key w/w moves: Cotton +2%; Polyester -1%; HW DWP +3%, China-origin DWP +2%, medium and high-end VSF stable and Lyocell +1 w/w. Cotton’s premium to VSF is 64% (2021 average: 30%) and a 169% premium to polyester (2021 average: 150%). The VSF premium to polyester is...
by Sean Ungerer | Mar 10, 2022 | Forestry and Paper
Pulp prices firmly in the green again this week: The worlds’ largest BCMT pulp producer, West Fraser has increased the BCTMP price to USD 650/t in China with immediate effect. The NOREXECO pulp futures for 23E imply an 9-14% decline in Europe, while prices in China...
by Sean Ungerer | Mar 10, 2022 | Forestry and Paper
DS Smith released a positive Q3 22E trading update this morning (from 1 November 2021 to 31 January 2022): They have seen continued momentum during H2 with good progress in profitability and cash generation. Encouragingly, volume growth and continuing packaging price...
