Research

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Forestry & Paper: Industry Insights

Key message: Pulp prices advance further in Europe, while Graphic Paper prices come under further pressure. Mixed moves for containerboard, and green shoots for sack kraft paper producers. Mondi special dividend and share consolidation on track. Sappi is set to redeem its R1.2bn convertible bond early and its Lanaken mill in on track to be closed by Q2 24E.