In the main ports of Europe, the biopolymer continues its bullish streak, which began in mid-2023.
The prices of the cellulose continue to rise in the main ports of Europedespite the fact that the product market is uncertain in the main points of Asia and that a general decline is expected from the second semester.
The value of the short fiber of the biopolymer began its upward streak in mid-August of last year, while the long fiber cellulose did so at the beginning of September of the same year, as reported by Tardáguila Agromercados.
In the period from August 2023 to February 2024, short fiber pulp recorded an increase of $340 in the main European port terminals, after going from $800 per ton to $1,140 per ton during the last week.
For its part, its short fiber version reached an increase of up to $197 per ton, after trading at $1,146 per ton at the beginning of September 2023 and climbing to $1,343 per ton during the past week.
However, if the global macroeconomic context is taken into account, as well as the difficulties faced by the main market players, it is expected that by the second quarter of this year the agreed prices will tend to normalize, or even fall by below current levels.
Uruguay invoiced 174 million dollars for pulp in January 2024
Last month, Uruguay billed about 174 million dollars from pulp sales, meaning a year-on-year increase of 3% compared to the records of January 2023, when 168 million dollars were reached, according to data from the government agency. Uruguay XXI.
By 2024, pulp, a product exempt from tariffs in all markets, is expected to dethrone beef as the main export good.
Source: Ambito
