Reported 1 day ago
Suzano SA, the leading exporter of wood pulp, is facing declining demand from Chinese paper companies that are increasingly producing their own pulp. This shift, alongside new mill supply in South America, is expected to outpace global demand through 2028. Suzano, which relies heavily on China for sales, is reassessing its expansion plans, particularly in an oversupplied market, while still looking for growth opportunities in the U.S. packaging sector.
Source: YAHOO