Södra announced a price increase for its NBSK pulp in Europe to USD 860 per tonne, effective April 1, 2017.
Magnus Björkman, VP Marketing and sales Södra Cell, commented:
“The volume of pulp on the market is the main driver behind price movements and even small changes in pulp supply can affect the market. At the moment, we are seeing a tight supply situation with planned maintenance shutdowns compounded by unplanned shutdowns at several mills, for a variety of reasons. We have not seen this level of tightening in the market for many years.”
Earlier Södra decreased ROCE from 17% to 7% in 2016.
Södra is the economic association that unites more than 50,000 forest owners in southern Sweden. The Group’s three business areas are production of sawn and planed timber goods, interior products, paper pulp and biofuel. In recent years Södra has also become such a large producer of electricity. It employs 3,500 people in areas that range from forestry management and environmental conservation to accounting, sales and product development.