Paper industry news
Stocks of woodpulp at European ports decline in April
Inventories stood at 1,013,715 tonnes last month, down from 1,107,974 tonnes in March, according to figures released by Europulp today.
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Klabin slates $30/tonne price hike for BEK in China, global increase for fluff in June
Brazilian pulp and paper producer Klabin is slating a new $30-per-tonne price increase for its bleached eucalyptus kraft (BEK) pulp traded in China, effective with June sales, Fastmarkets has learned.
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Japan’s Chuetsu Pulp hiking some fine paper prices by 15% as of July
In Japan, Chuetsu Pulp has announced a 15% price hike for some of its fine paper and envelope prices, starting from July 1 shipments.
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Empresas Coipsa converts former BO Paper newsprint mill in Chile to containerboard
Chilean group Empresas Coipsa acquired the assets of BO Paper’s former newsprint plant in Chile and converted it to manufacture containerboard, Fastmarkets has learned.
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RCP import prices mostly stable despite buyers push for cuts
Customers have continued to seek price cuts for recovered paper (RCP) imports in Southeast Asia (SEA), Taiwan, and India, but their push met resistance from sellers.
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Mexican corrugated paper market demand remains firm in 2022
Mexican corrugated paper market demand remains firm in 2022 backlogs reduce amid better supply
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US recovered paper export volumes down in 1Q as sellers seek new markets in South America
When China set its global ban on recovered fiber imports at the start of 2021, US suppliers had sought new buyers in Southeast Asia and India. Establishing relationships and contracts with countries such as the Asia-6 nations – India, Indonesia, South Korea, Taiwan, Thailand, and Vietnam – proved beneficial to US sellers, and OCC tons shifted from China's heavy buying arm to Asia-6 nations, as well as to Malaysia, and Mexico, among other countries.
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International Paper invests over Euro 20 million to meet growing e-commerce demand for sustainable corrugated packaging
The International Paper will benefit from investments of nearly € 23 million to adapt their production capacity to the growth of the e-commerce sector and to offer even more sustainable packaging to customers
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China's P&B production consumption exceed 120 million tonnes in 2021
P&B output reached 121.05 million tonnes in 2021, a new record high and a year-on-year increase of 7.5%, according to the association’s annual report.
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More board downtime announced in China as COVID-19 lockdowns weigh on packaging demand
China has continued to see packaging paper and board production curbs this month as demand remains weak amid widespread lockdowns to prevent the spread of COVID-19.
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Pricing Rationale NBSK CIF China
Weak fundamental demand for pulp imports amid the country’s ongoing lockdowns has led to customers seeking volumes sold by investors when BSK futures swung to low points.
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