Encouraging News for Pulp Producers
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There is some encouraging news for pulp producers, reports Mark Wilde, senior analyst with Deutsche Bank. Global pulp shipments in March were off 3.8%, mainly on lower volumes to Europe and North America, he notes, adding that Chinese demand remained very strong. The "good news?" Inventories on a "days-of-supply" basis dipped two days for softwood (29 days) and one day for hardwood (34 days), Wilde says.
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