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Pulp and packaging market slowdown, wood fiber prices affected

Pulp and packaging market slowdown, wood fiber prices affected

It is understood that the paper and packaging market has experienced three consecutive quarters of slowdown, leading to a decline in wood fiber prices in most parts of North America in the second quarter of this year. At the same time, high inflation is keeping the consumer market at bay, and paper mills are reducing finished product inventories to meet current demand levels.candy crush best level to collect fish for chocolate box

As early as the beginning of 2023, in response to the economic slowdown, paper mills in most parts of North America announced their closure to avoid losses by reducing production.chocolate box cake mix recipes

Today, higher wood fiber prices in the US Northwest and Northeast fell more than 10% during the quarter, while in the US, only the Lake State wood fiber prices rose, and prices in Western Canada also rose slightly; the Lake States and the US Northwest Hardwood prices in the region are also rising.chocolate cake box mix recipes

This situation is different from the situation in 2022 when fierce competition for fiber in the Northeast United States leads to price increases. Prices fell 32% in the quarter as factories slowed down operations.chocolate gift boxes near me

The slowdown in the pulp and paper industry also affected the Northwest US market. Inventories were up for nearly every product except hardwood logs, while prices were down 10 percent or more on lukewarm demand.brands of boxed chocolates

In the Pacific Northwest, many suppliers are struggling to maintain stable operations amid high inventory levels and poor pulp and paper markets. Prices including Douglas fir and some mixed softwoods fell more than 15% across the board.chocolate box cake with pudding

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On the other hand, Western Canada is experiencing its worst wildfire season on record, making the summer outlook even more grim. Factories in British Columbia and Alberta have mostly shut down to keep workers safe and assets protected. In addition, the level of lumber receipts in British Columbia has also continued to show a downward trend, and the current volume is lower than in 2009.chocolate box cake with sour cream

It is understood that softwood fiber prices in Western Canada will only increase by less than 2% in the second quarter of 2023, as sawmills extend shutdowns and closures, such as Conifex, which closed for four weeks from early June, affecting about 16 million board feet production capacity. Therefore, fiber shortages are expected to remain in Western Canada.box joint box

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It is estimated that as of mid-June, 1% of the country’s forest area has been burned, which is about six times the average annual management amount. Unusually active and severe fires in Ontario and Quebec are also blanketing some major U.S. cities. The ever-increasing wildfire area is difficult to control quickly in the short term, which will push up the cost of wood fiber in North America. However, the North American wood fiber market needs to face high costs and lukewarm pulp and paper market demand.box joints on router table/box joints wood


Post time: Jul-19-2023
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