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...
by Sean Ungerer | Feb 23, 2022 | Forestry and Paper
Mondi is set to sell its Personal Care Components (PCC) business to Nitto Denki Corporation (6988 JP Equity): The disposal includes four companies, Mondi Gronau, Mondi Ascania GmbH, Mondi China Film Technology Co. Ltd and a newly established company for the PCC...
by Sean Ungerer | Feb 22, 2022 | Forestry and Paper
Key w/w moves: Cotton -1%; Polyester -3%; HW DWP +1%, China-origin DWP flat, medium-grade VSF, high-end VSF and Lyocell all roughly flat w/w. Cotton’s premium to VSF has narrowed to 64% (2021 average: 30%) and a 185% premium to polyester (2021 average: 150%). The VSF...
by Sean Ungerer | Feb 16, 2022 | Forestry and Paper
Fastmarkets RISI Global Paper Packaging Outlook Pulp prices in the green, with China hardwood pulp leading gains: Suzano expects global pulp supply to remain constrained in Q1 22E, with low inventories across the board and scheduled and unexpected stoppages at mills...
