Tag Archives: Hardwood fiber

China’s GDP increased by 3.9% in 3Q

China’s economy recovered and showed sound momentum in the 3Q, notably better than the 2Q. The production and demands continued to improve, and employment and prices were generally stable. The national economy was generally performing within an appropriate range, according to the National Bureau of Statistics of China. According to preliminary estimates, the gross domestic […]

Paper Excellence Announces Indefinite Curtailment of Crofton Paper Mill Operations due to low demand from china & high costs

Paper Excellence announced the indefinite curtailment of its paper operations at the Catalyst Crofton facility on Vancouver Island in British Columbia, starting in early December 2022. Paper Excellence explained that paper markets in China served by the mill have significantly weakened while there have been substantial cost escalations for chemicals, energy, and wood fiber used […]

Voith to supply two paper machines to Shanying Suzhou Paper in China

The Chinese paper manufacturer Shanying Suzhou Paper commissioned Voith to supply two XcelLine paper machines with comprehensive digitalization and automation solutions as well as services and spare parts packages for its new site in Zhongying, Anhui Province, China. Voith will supply the entire lines. With a design speed of 1,300 m/min and a wire width […]

In September, China’s Purchasing Manager Index was 50.1%, moving into expansion range

china's export

In September, the Purchasing Manager Index (PMI) of China’s manufacturing industry was 50.1%, increase 0.7 percentage points from the previous month, moving into the expansion range. In terms of enterprise size, the PMI of large enterprises was 51.1%, increase 0.6 percentage points from the previous month, higher than the threshold; the PMI of medium-sized and […]

Chinese demand drove global trade of hardwood chips higher in early 2022

In 2021, the world’s shipments of wood chips reached almost 35 million m3, close to the highest on record. Significant expansion of pulp capacity in China combined with a lack of domestic wood fiber has driven the global increase in traded wood chips over the past decade (see chart). About four-fifths of the trade was […]

Global hardwood fiber costs for pulp mills rose at the end of 2020

Increased demand for hardwood fiber in key pulp-producing countries and a weaker US dollar resulted in higher hardwood pulplogs prices in the 4Q 2020, as Wood Resources International  reported.   The Global Hardwood Fiber Price Index (HFPI) was up 1.4% from the 3Q 2020 to the 4Q 2020, the second q-o-q increase of the US […]

Hardwood fiber costs for pulp mills worldwide increased in 2020

Hardwood fiber costs for pulp mills worldwide increased modestly at the end of 2020 but were still substantially lower in many markets compared to late 2019, according to the Wood Resources International.   Increased demand for hardwood fiber in key pulp-producing countries and a weaker US dollar resulted in higher hardwood pulp logs prices in […]