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FOEX Indexes Ltd is a private, independent company, specialised in operating as a provider of audited, trade-mark registered pulp. Foex publish PIX Pulp European benchmark indexes, PIX US NBSK and PIX BHKP China index

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Södra builds wind turbines at Mönsterås Mill

March 7, 2010 by timbercommunity

Södra has purchased six ENERCON E-82 wind turbines through its subsidiary Södra Vind AB. The turbines are to be constructed at Södra Cell’s Mönsterås pulp mill. Read more

New profits for Billerud year-end results 2009

February 11, 2010 by timbercommunity

Pulp and paper mill Billerud was the last  of the Nordic forest products company to present financial statements. The company reports a profit of SEK 204 million before tax for the fourth quarter. Short term looks promising with higher prices and higher dollar price. The price of pulp has risen significantly first quarter 2010. Billerud has also announced a global price increase of Euro 50/tonne ($69/tonne) for white-top kraftliner according to Risi (feb 5). The increase will be implemented on all orders as of March 1.
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Rottneros managed to avoid posting a quarterly loss

February 2, 2010 by timbercommunity

Forest company Rottneros makes zero profit in the fourth quarter. The company believes in higher paper prices during the beginning of 2010.

The current year looks relatively positive for the company according to Analyst Leif Pettersson at net magazine placera.nu  and his stock recommendation goes from increase to neutral.  The company is sensible with its cost because of the level of current uncertainty. Rottneros is dependent on a weak Swedish currency and furthermore lacks the woodland which makes the company sensitive to price increases.

The divestment of the Spanish operations of the loss-making pulp mill Miranda has been stopped and  the production decreased with 200 000 tonnes. Rottneros has now a total production capacity of nearly 400 000 tonnes of pulp per year at two factories in Sweden. A forum on net trading company Avanza speculates that the sale of Rockhammar mill was forced by the banks.   Read more

Hardwood fiber costs for the global pulp industry have surpassed the cost for softwood fiber in 2009, reports the WRQ

January 16, 2010 by timber09

 Higher hardwood pulpwood costs in Brazil, Australia, Russia and Sweden pushed the 3Q/09 Global Hardwood Fiber Price Index (HFPI) to the highest level in 12 months, reports the Wood Resource Quarterly. The HFPI was over six percent higher than the Global Softwood Fiber Price Index (SFPI), the biggest difference in 21 years.

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Wood costs have remained unchanged for Canadian pulp mills in 2009 despite tighter wood chip supply, reports the North American

January 7, 2010 by timber09

 The pulp industry in Canada has sharply reduced production the past two years both as a result of weaker pulp and paper markets worldwide and also because of less competitive pulp manufacturing facilities. Wood costs have increased for many plants as the result of reduced availability of relatively inexpensive sawmill residuals, according to the North American Wood Fiber Review.

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Global trade of wood chips down 26% in 2009 as pulpmills reduce production worldwide, reports Wood Resources International

January 5, 2010 by timber09

 The international financial crisis has put a damper on global trade of wood chips used for pulp manufacturing in 2009, reports Wood Resources International. The biggest decline has been in shipments from Australia, South Africa and Uruguay to Japan.

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Exports of wood chips from Australia have declined 28% in 2009 but the country is still the largest chip exporter in the world

December 23, 2009 by timber09

 Australia, the world’s largest chip exporter, has reduced Eucalyptus and pine chip exports substantially in 2009 due to weak pulp markets in Japan. In the domestic market, pulpwood prices have increased over 13% in US dollars this year as the Australian currency has strengthened, reports the Wood Resource Quarterly.

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Wood costs were 53% of the total production costs for pulp mills worldwide in 2009, reports the Wood Resource Quarterly

December 16, 2009 by timber09

 The largest cost component when manufacturing wood pulp is the cost of wood fiber. In the 1Q/09, this cost was 53% of the total production cost worldwide. Both the relative and nominal cost of wood have declined the past year; wood fiber costs in the 2Q/09 were at their lowest levels in over two years, according to the Wood Resource Quarterly. Read more

The Brazilian pulp industry increase production and pulpwood costs are going up in 2009, reports Wood Resource Quarterly

December 11, 2009 by timber09

 Brazil increased pulp production in 2008 by about eight percent. Wood fiber costs have remained unchanged in the local currency in the 2Q/09 but were eight percent higher in US dollar terms as compared to the previous quarter, according to the Wood Resource Quarterly.    Read more

Imports of logs, lumber and pulp to China increased substantially in the 2Q/09 as the country’s economy grow by almost 8%, reports the Wood Resource Quarterly

December 3, 2009 by timber09

 China became the major import destination for many globally traded forest products in 2009. The country is the world’s largest importer of wood pulp and logs, and was the 2nd largest importer of softwood lumber in the world in the 2Q/09, reports the Wood Resource Quarterly.

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