by Sean Ungerer | Jan 22, 2021 | Forestry and Paper
Pulp prices to benefit from maintenance downtime in Q1: At least 10 Latin America pulp mills are scheduled for downtime in Q1. In Brazil, this will impact four mills with a total capacity of 1.8mt (BEK) and in Chile this will impact four mills with a total capacity of...
by Sean Ungerer | Jan 19, 2021 | Forestry and Paper
Pulp in the green across the board, with China SW benefiting most: China SW/HW spread is comfortably over USD 200/t. This is on the back of SW producers having increased prices from USD 100-120/t, following the run-on futures (March SW pulp contract settled at USD...
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...
