Research
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Forestry & Paper: Industry Insights
Key message: Pulp prices stable to down yet producers are targeting a $50/t increase on the back of improved market conditions. Graphic paper prices continue to soften while Sappi boldly intends to keep prices stable for the rest of 2023. Containerboard prices still stable while OCC softens further. Gas Futures in Europe now trading at €35/MWH.
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Forestry & Paper: Industry Insights
Key message: Pulp prices erode further in Europe, while hardwood edges up in China. Graphic paper prices continue to soften and remain elevated with further downside likely. Containerboard prices stable amid further downtime. Gas Futures in Europe now trading at €39/MWH.
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Key message: Another strong month for light commercial sales, but passenger sales feeling the pinch of higher interest rates. NAAMSA released July 2023 new vehicle sales. Passenger and LCV sales decreased 3.8% YoY with passenger sales down 11.5% YoY. Sales of...