Forestry & Paper Textiles Fibre Weekly Update
Key message: Cotton and polyester in the green, while VSF and DWP stable. VSF inventory days tick up to 24.5.
Forestry & Paper: Mondi Q1 21A Insights
Key message: EBITDA improving but still down y/y. Strong demand for fibre-based packaging to support pricing momentum, which should help offset cost inflation. Further UWF rationalisation required.
Forestry & Paper: Sappi Q2 21A Insights
Key message: Results broadly in line with our expectations and thesis intact. Packaging and Specialties performed well, supported by the DWP segment. The European Graphic Paper business continues to weigh on earnings.
Forestry & Paper: Sappi Q2 21e Insights
Key message: Higher DWP prices now locked in, this should more than offset weaker Graphic Paper margins in Europe.
Forestry & Paper Textiles Fibre Weekly Update
Key message: VSF and polyester under pressure. VSF inventory days tick up to 20.5 and the VSF/DWP YTD spread drops to 9%, as DWP prices tick up slightly w/w.
Forestry & Paper Weekly Price Update
Key message: Pulp prices up 2-7% in the past two weeks. European graphic paper prices not budging. Kraftliner and testliner up 9% and 6%.
Forestry & Paper Industry News Insigths
Key message: Stora Enso closures to improve uncoated woodfree fundamentals in Europe. Removes at least c.5-6% of European UWF capacity. Positive news for Mondi’s UWF business.
Forestry & Paper Textiles Fibre Weekly Update
Key message: Cotton and polyester continues to rebound. Medium-grade VSF still under pressure, inventory days tick up to 18.5. VSF/DWP YTD spread drops to 16%, while DWP prices remain stable.
Forestry & Paper Weekly Price Update
Key message: Further pulp gains, non-integrated graphic producers under further pressure. Containerboard and OCC stable.
Forestry & Paper Textiles Fibre Weekly Update
Key message: Cotton and polyester rebounds. Medium-grade VSF under slight pressure. HW DWP up 1% to USD 1,100/t, and the VSF/DWP YTD spread drops from 25% to 23%.