Cyclone forces New Zealand BCTMP producers to shut down
A natural disaster hitting New Zealand has affected New Zealand pulp and forestry group Pan Pac Forest Products. Hurricane Gabriel has ravaged the country since February 12, causing floods that destroyed one of the company’s factories.
The company announced on its website that the Whirinaki plant is closed until further notice. The New Zealand Herald reported that after an assessment of the damage caused by the storm, Pan Pac decided to rebuild the plant rather than permanently close it or move it elsewhere. Chocolate box
Pan Pac is owned by Japanese pulp and paper group Oji Holdings. The company produces bleached chemithermomechanical pulp (BCTMP) at Whirinaki in the Hawke’s Bay region of northeastern New Zealand. The mill has a daily capacity of 850 tonnes, produces pulp sold around the world and is also home to a sawmill. Pan Pac operates another sawmill in the country’s southernmost Otago region. The two sawmills have a combined radiata pine sawn timber production capacity of 530,000 cubic meters per year. The company also owns several forest estates. cake box
Indian paper mills look forward to exporting orders to China
In view of the improvement of the epidemic situation in China, it can import kraft paper from India again. Recently, Indian manufacturers and recovered paper suppliers have been affected by a sharp drop in kraft paper exports. In 2022, the cost of recycled paper is reduced to a minimum ranging from Rs 17 to Rs 19 per liter.
Mr. Naresh Singhal, Chairman, Indian Recovered Paper Trade Association (IRPTA), said, “Market trends in demand for finished kraft paper and recovered paper as weather conditions improve indicate the direction of kraft paper sales after February 6.”
Mr Singhal also said Indian kraft paper mills, especially those from Gujarat and southern India, are expected to export to China at higher prices compared to December 2022 orders.
Demand for used corrugated container (OCC) rose in January as recycled pulp mills in Southeast Asia sought more fiber for papermaking at the start of the year, but recycling The net CIF price of brown pulp (RBP) remained at US$340/ton for three consecutive months. Supply meets market demand. Chocolate box
According to some sellers, the transaction price of recycled brown pulp was higher in January, and the CIF price to China rose slightly to 360-340 US dollars / ton. However, most sellers indicated that CIF prices to China remained unchanged at $340/t.
On January 1, China lowered import taxes on 1,020 commodities, including 67 paper and paper processing products. These include corrugated, recycled containerboard, virgin and recycled carton, and coated and uncoated chemical pulp. China has decided to waive the standard most-favored-nation (MFN) tariff of 5-6% on these grades of imports until the end of this year.
China’s finance ministry said the tariff cuts would boost supply and help China’s industrial and supply chains. baklava box
“In the past 20 days, the price of recovered kraft waste paper in northern India has increased by about Rs 2,500 per ton, especially in western Uttar Pradesh and Uttarakhand. Meanwhile, finished kraft paper has increased by Rs 3 per kg. January On the 10th, 17th and 24th, kraft paper mills increased the price of finished paper by 1 rupees per kilogram, for a total increase of 3 rupees.
Kraft paper mills have again announced a rise of Rs 1 per kg on January 31, 2023. The price of recovered kraft paper from paper mills in Bengaluru and surrounding areas is currently Rs 17 per kg. Chocolate box
Mr Singhal added: “As you are aware, the price of imported containerboard continues to rise. I would also like to share some information from members of our association that the price of imported European containerboard of quality 95/5 seems to be About $15 more than before.
Buyers and sellers of recycled brown pulp (RBP) told Pulp and Paper Week (P&PW) that business is “better” in the Southeast Asian country and China is expected to return months after the lockdown is lifted, Fastmarkets reported. As restrictions are lifted, the economy is expected to recover again.
Post time: Mar-09-2023
