October 2020

Pulp Capacity & Price Changes

• Sentiment in global pulp market has broadly improved as we enter the last quarter of the year; pulp prices are mostly stable or up globally. (Internal, Oct 2020)
• Major LATAM producers have announced price increase in China - 3rd week of October. Suzano, CMPC and Arauco have increase its BHKP price by USD$20 (to USD $470/t - USD $485/t). (Internal, Oct 2020)

Paper Capacity & Price Changes

• Asia Symbol to build 450,000 tonne/yr UWF machine at Xinhui mill, Guangdong, and is expected to come on stream in the first half of 2022. (RISI, Oct 2020)
• North America see Q3 ’20 demand improve marginally – US elections, and the new demand for social distancing and other safety signage. Q4 ‘ 2020 expect to see good demand but lower than Q4 ‘2019. (RISI, Oct 2020)
• Europe’s UWF demand remain challenging where England join France, Germany and Belgium in a second lockdown and more countries announce new national restrictions. (RISI, Oct 2020)