falerito01 escribió:gracias lema.capaz que compro algunas mas.me estan convenciendo con el aumento de la pulpa.
no no,guiate por tu propio instinto. no te guíes por nuestro punto de vista.
sino despues nos vas a putear.
acá pego parte del dialogo en la conference call de hace 4 dias de "suzano" otra papelera enorme.
"Unidentified Analyst
Could you give us an update about the price increases of pulp and also China demand, inventories in China?
And the second question has to do with the paper business, to which extent can you offset parts of the weaker domestic demands with import and maybe you could talk about your coming pricing initiative.
Unidentified Company Representative
Let`s start by the pulp question, this is a very favorable moment, the market fundamental support the price dynamics that have in force, we see a sound demand, a robust demand in all our main markets. Be it due to the new capacity for its issue or the seasonality in North America and also the replacement in some regions and mainly in the United States of fibers for eucalyptus and we see an important move in direction in March was a very strong month growing 10% vis-à-vis February and the highlight in March according to [indiscernible] was the growth in eucalyptus that reached 20% in the first quarter demand with 3.4 and the major growth, the highlight was China and consolidating information from many consultancy companies we believe that at least 500,000 tons of capacity have come into the market this year and we are talking about a value of approximately 2.5 million tons in China. Along the expectation is that we have new capacities amounting to 1 million tons, another important move that happens in the first quarter in China we saw some producers integrated resulting to market pulp in order to meet their needs due to some operating difficulties.
Still about China we believe that is growth of demand that we saw in the first quarter is truly related to demand that is to say we have no element once however that lead us to believe that the Chinese are doing any inventory we are building we believe that is pure demand, demand growing and another important element that we see in China is an impact of the measures taken by the U.S. by the Chinese government fighting against solution and want the solution and this has been -- having positive consequences for demand and more specifically eucalyptus on the supply side between February and May we had about 11 stoppages in South America the major stoppages, in Indonesia in May usually you see a lower production of pulp mainly softwood due to the stoppages that are scheduled for North America. Another important element on the supply side is that today in the pulp market there is practically no availability of eucalyptus pulp and this shows how balanced the market is."
acá una parte de la presentacion de la conferencia hace 4 dias.
"Regard pulp the highlight of the fact in the last 12 months we read a prediction of 3.2 million tons approximately getting close gradually to the 3.4 million of our capacity and 3.34 million here with reduction in our inventory that is very important in the third quarter and a reduction of our inventory was due to the major growth in consumption that has been happening in all the regions mainly North America, Europe and Asia rose sales of eucalyptus pulp was 18.2% in this quarter a very robust growth which allow the company to have a higher volume of sales of pulp during the first quarter.
Beside its important also to mention the gradual price increase last year implementing in pulp we have just announced a new increase for North America and today we have the list price already announced $790 in Europe, $680 in Asia and $900 in North America."
http://seekingalpha.com/article/3165596 ... ipt?page=2
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