Hey, Dubious, closures and consolidation work!

摘要

POOR OPERATING RATES and a fight over market shares led to severe price declines in all paper grades in Europe during the second half of 2009 and in the beginning of 2010. The drop in demand and exports was more severe than ever before. In 2010 the price of pulp has increased by 50% in euros, the price of recovered paper has doubled and transport costs are close to the levels seen before the recession. Despite a clear recovery in demand and export figures, operating rates were still between 79% (for SC paper) to 90% (for UWF) in May and from 79-88% when measured on a six-month average level. Profitability is poor among all producers except net sellers of pulp.