On Wednesday December 20, Brazil’s largest packaging paper producer, Klabin, announced that it had purchased forest assets from Arauco for $1.16 billion.  The deal covers a total of 150,000 hectares, concentrated in Paraná state in southern Brazil, including 85,000 ha of pine and bleached eucalyptus kraft (BEK) plantations, along with 31.50 million tonnes of standing […]

Ribas do Rio Pardo, MS, Jan 2, 2024 (PPI Latin America) – Brazilian company Suzano, the world’s largest bleached eucalyptus kraft (BEK) pulp producer, is approaching the final stages of its Cerrado project, a new greenfield mill in Ribas do Rio Pardo city, Mato Grosso do Sul state, designed to produce 2.55 million tonnes per year […]

The market is now regaining momentum, with traders expecting further premium jumps once consumer activity picks up post-holidays

This increase was most notable in Rotterdam and Italy, reaching their highest levels since October 2023, underscoring the market's sensitivity to global events

Despite the lower average premiums compared to 2022, the market's resilience was tested, which highlighted global dependence on Chinese demand

As previously proposed and following a consultation, Fastmarkets FOEX has decided to discontinue the PIX Pellet Nordic index. Fastmarkets FOEX will publish the last index on May 21, 2024.

China’s Ministry of Commerce has prohibited the export of rare earth magnet production technology and machinery by adding it to its list of Export Prohibited and Restricted Technologies

With China’s stringent implementation of its gallium export controls persisting through to the end of 2023 at least, 2024 looks set to become a make-or-break year for gallium market participants outside China

Pulp buyers snap up domestic resale BSK tonnages instead as prices declined proportionally with BSK futures

Japanese steelmaker Nippon Steel Corporation will acquire US Steel for $14.9 billion in the second or third quarter of 2024, the company said on Monday December 18