Suzano raises pulp prices by US$50 per ton for Europe and North America
The adjustment effective in November takes the European list price to US$1,410 per ton, according to Money Times and InfoMoney.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM MONEY TIMES · 2 MIN
Suzano (SUZB3) will increase the price of pulp sold to customers in Europe and North America by US$50 per ton, effective from November, according to Money Times. Reuters report, published by InfoMoney dated São Paulo, 10/28, brings the same adjustment value for both regions.
With the change, the list price of pulp in Europe is now US$1,410 per ton, according to Money Times and InfoMoney. According to Money Times, the information reached the market through a source interviewed by the report, and Suzano itself confirmed the adjustment when contacted.
The Money Times describes the company as the largest producer of eucalyptus pulp in the world, which gives weight to any price movement in the sector. The adjustment is also not isolated: in the same month, the company had already applied an increase of US$ 20 per ton in Asia and US$ 50 in the Americas, according to the same report.
There is, however, a difference between the sources. InfoMoney records that the information comes from a market source and that the text does not contain confirmation from Suzano. For the reader, it is worth separating what was confirmed by the company from what still circulates as market information.
The background is foreign currency income. Pulp is priced in dollars, and an adjustment in these terms changes the value that the company converts into reais, in addition to influencing the dispute with other suppliers in the same markets. The facts found do not provide data on volumes, margins or the effect of the readjustment on the result, and this report does not address these points.
What changes for the investor
For those who follow SUZB3, the adjustment may indicate the company's willingness to adjust prices in the European and North American markets. The available information, however, does not allow us to say whether the increase will be maintained nor how much it will translate into revenue or profit. As the increase takes effect in November, investors can observe, in the next results, whether the increase appears in the realized price and in the company's margin. This article does not provide a purchase or sale recommendation or price projections.
Automatically translated from Portuguese.
