June 2020

Pulp Capacity & Price Changes

• Global chemical market pulp producer inventories increased by three day-of-supply in May, to 44 days overall; BSK increased four days to 38 days of stock, while BHK rose three days to 49 (PPPC, Jun 2020)
• Due to COVID-19, most mill are postponing its maintenance downtime from Q2 to Q3/4 (RISI, Jun 2020)

Paper Capacity & Price Changes

• More P&B mills restart in India, including in COVID-19 hotspots. This includes in the state of Maharashtra, which has seen about a third of the country’s COVID-19 diagnoses (RISI, Jun 2020)
• Hansol Paper will take downtime from Jul to Sep 2020 – downtime duration will be approximate half a month (RISI, Jun 2020)
• Chinese Ministry of Ecology and Environment has announced a total ban on solid waste imports (including recovered paper) starting from 2021; previously no start period was announced. (RISI, Jun 2020)