Brazil’s Suzano Raises Hardwood Pulp Prices for Asian Countries

Brazilian pulpmaker Suzano said recently it will raise prices for hardwood pulp by USD30 per tonne for June’s order intake for Asian countries, according to Reuters.

The increase is due to stronger restocking movements from traditional pulp customers in the Chinese market, the company told Reuters, as well as interest from integrated pulp and paper producers.

“Resale prices for hardwood are also trending up in China,” it added in a statement.