Hardwood pulp prices rose strongly again in China. The movement reflects the most recent readjustment announced by South American producers and has already exceeded the value valid for May, of US$ 810 per ton, in that market.
Last week, the net price of eucalyptus fiber reached US$ 811.91 per ton in China – up US$ 18.90 in a week. In the month, the increase is US$ 30.20, confirming that the readjustment of US$ 30 per ton was fully applied.
Pulp resale prices in the Asian market also rose again, according to BTG Pactual. In a report on Friday, 13th, the bank points out that this value reached US$ 815.57 per ton, with an advance of US$ 33.70 in a week. In this way, the resale price once again surpassed those seen in imports.
The appreciation of raw material has been supported by the limited supply of pulp at a time of firm demand, added to the logistical restrictions that have caused delays in the arrival of fiber to the Chinese market.
Recently, Brazilian pulp company Suzano had announced an increase of US$ 30 per ton for Asia, with immediate application. The company had already announced an adjustment of US$ 60 in North America in May, raising the reference price to US$ 1,520 per ton, and from US$ 50 in the European market, to US$ 1,300 per ton.