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North American pulp markets saw their first price decreases of the year due to global price erosion, increased inventories, and reduced US spot market prices.

Bracell is seeking an environmental license to explore building a new 2.8 million tpy pulp mill in Água Clara, Mato Grosso do Sul, as part of its expansion in Brazil, with the state actively supporting such projects.

This was driven by a 3.5% decline in U.S. OSB production despite a 4.2% increase in Canadian output.

The new EU Deforestation Regulation mandates exporters to provide detailed documentation and geolocation data to prove wood products are deforestation-free.

The pulp prices fell due to increased inventories and supply availability, with northern bleached softwood kraft (NBSK) and southern bleached softwood kraft (SBSK) experiencing price drops amid summer slowdowns and muted demand from China.

In the week leading up to August 15, prices for old corrugated container (OCC) imports into Southeast Asia and Taiwan varied, leading to reduced demand and lower prices for US OCC in the region.