by Sean Ungerer | Jan 18, 2021 | Forestry and Paper
Logistics now being impacted: Second wave of COVID-19 and the approach of the Chinese Lunar New Year impacting logistics, coupled with fewer vehicles available in Zinjiang. VSF prices jump >10% w/w, paving the way for further DWP price increases: Most customers...
by Sean Ungerer | Jan 13, 2021 | Forestry and Paper
Pulp set to make further gains: SW was up 3.4% w/w in Europe and HW was up 3.6% w/w in China. Further announcements: Suzano raises BEK pulp to Southeast Asia and Middle East to EUR 600/t (effective immediately). This is on the back of rising shipment costs and limited...
by Sean Ungerer | Jan 11, 2021 | Forestry and Paper
VSF operating rate climbs to 83%: This was on the back of plants in East China resuming operation after planned maintenance. VSF inventory days dropped to 11.5, supported by spinners still taking delivery.VSF theoretical profit remains in the green: With higher VSF...
by Sean Ungerer | Jan 6, 2021 | Forestry and Paper
VSF operating rate drops to 77%: This was on the back of plants in East China cutting rates. Despite this, VSF inventory days dropped to 13, supported by healthy trading for downstream plant demand.VSF profits in the green: With higher VSF prices, the theoretical VSF...
by Sean Ungerer | Jan 6, 2021 | Forestry and Paper
Pulp stable across the board: China SW closed the year with a bang, up 19% y/y. With China SW futures running in December, this is likely to provide further support to the physical market heading into 2021. Graphic paper continues to trade sideways: Coated mechanical...
by Sean Ungerer | Dec 17, 2020 | Forestry and Paper
Pulp showing marginal gains: Momentum continues in China, with both HW and SW ticking up. Södra Cell is increasing its NBSK price in Europe, effective 1 January. This driven by a recovering market and further tightening expected from multiple maintenance stops. Mixed...
