Brazil Fibria says pulp price close to production costs
22 September 2016
Brazil wood pulp producer Fibria Celulose SA Commercial director says price of pulp close to cost of production.
Commercial director has no comment on possible price increase by year-end.
CFO says company has cash position of $940 million in Sept, sufficient to conclude Horizonte 2 project, pay minimum dividends through 2018.
CEO says company continues to seek strategic options for mergers in pulp sector.
Source : reuters.com