NEWS

Brazil's Fibria sees "very good" pulp sales as China demand returns

Thursday, Apr 28, 2016

Brazilian wood pulp producer Fibria SA sees "very good" sales in the second quarter as Chinese buyers return to the market after trying to force down prices, Chief Executive Marcelo Castelli told analysts on Wednesday.

"The Chinese were using inventory to bring down prices. The demand was absolutely back in March and April as they need to restock inventories," he said on a call to discuss earnings.

 

Source : reuters.com

Other News