Suzano, the world’s largest producer of market pulp, announced that it will raise the prices of hardwood pulp sold in the Asian, American and European markets.
The readjustment announced will be US$ 20 per ton in Asia – the third consecutive one in 2023. While for Europe and the Americas, the increase will be the first in about a year and is expected to be US$ 50 per ton.
In Europe, pulp prices continued to fall and are now approaching the lowest level in eight years. The “spread” between long fiber pulp and short fiber pulp in the European market reached a record level of US$ 358 per ton, comparable to US$ 126 in China, according to the financial services network StoneX.
“There are different signs that indicate that the strong fall movement of hardwood pulp in Europe should be approaching its end”, said the financial services network, in a note published last week.
