The 8.8-magnitude earthquake in Chile on feb27 and 6.4-magnitude earthquake in southern Taiwan on Mar 4 have caused a tighter supply of pulp. Arauca, the second largest pulp producer in the world with a 3 million tonnes /year capacity has stopped all its mills in Chile after the quake and the tsunami that followed.
On the other hand , the tremor in Taiwan caused minor damage to Taiwan Pulp & Paper Industry in Hsinying City, in Tainan county. The mill is expected to resume production within march.
The Chilean reduction of pulp supply , it is feared , might cause an increase in paper prices.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment