Finland’s Metsa sees room for pulp price hikes; says new pulp line to supply growing China market
(Helsinki, Finland, Sept. 27, 2016) Finland’s Metsa Fibre sees a chance of raising prices for its Nordic wood pulp this year and says its 1.2 billion euro ($1.35 billion) new pulp plant will supply growing market demand, particularly from China. …
Metsa, a rival to Sweden’s Sodra, Canada’s Canfor Corp and Mercer International, is set to become the world’s largest seller of softwood pulp when its new Finnish plant with annual capacity of 1.3 million tonnes starts in late 2017…
The European market price for benchmark softwood pulp fell about 14 percent last year, but it has stabilized this year at around $810, according to FOEX pulp and paper indexes. …
The benchmark price for the hardwood grade has fallen 15 percent this year to $662. …
To read complete report Go To: http://www.reuters.com/article/metsagroup-pulp-idUSL8N1C3178 (Source: Reuters)
