EMGE Paper Industry Consultants

EMGE & Co. Ltd are one of the leading consultants to the world Paper Industry, specialising in Industry focused market research, forecasts and analysis.

[EMGE Paper Industry Consultants @EMGELtd]

Check out my latest article:

Macro-Economic & Trade Headwinds

https://t.co/uL9inRq9ca via @LinkedIn

[EMGE Paper Industry Consultants @EMGELtd]

Check out my latest article: UPM, AHP close mills; EUDR seminar next week https://t.co/T3UXJxjs9X via @LinkedIn

[EMGE Paper Industry Consultants @EMGELtd]

Following the recent announcement from UPM, re. its 330,000t Newsprint paper machine closure by the end of the year, buyers are reporting higher new price deals from July for H2 2024. In the meantime, EMGE has published its Graphic Paper forecast report for global supply-demand.

[EMGE Paper Industry Consultants @EMGELtd]

The Global Cartonboard sector has been recovering strongly from last year's market downcycle.
According to EMGE's Cartonboard Monitor, demand growth in Western Europe alone hit double-digit percentages earlier this year. This should help mills further improve Operating Rates.

[EMGE Paper Industry Consultants @EMGELtd]

Recent mill news:
UPM plans to close PM3 at Nordland Dörpen and PM1 at Hürth, accounting for over 600,000t of Graphic Paper capacity.
Norske is considering BCTMP at Saugbrugs and won't rebuild SC PM 6.
Stora Enso is delaying the conversion of Newsprint PM4 to Containerboard.

[EMGE Paper Industry Consultants @EMGELtd]

Latest announcement from UPM, re. one Newsprint and one UWF paper machine closure, totalling over 600,000t pa, by the end of the year.
We are currently finishing our own Graphic Paper forecast report for global supply-demand, and shall be publishing our latest analysis shortly.

[EMGE Paper Industry Consultants @EMGELtd]

Are you attending DRUPA 2024 next month?

If so, EMGE would love to meet you to discuss current market developments, issues and trends.

Do let us know at [email protected]

[EMGE Paper Industry Consultants @EMGELtd]

After a terrible 2023 for paper demand, some paper grades are rallying, but not all; now with a tighter global pulp market too, some mills' costs have risen, with woodfree paper prices inching up; yet news/mag paper prices continue to slide.
So what next for prices in 2024-25?

[EMGE Paper Industry Consultants @EMGELtd]

Sappi Europe closed down its Lanaken paper mill in Belgium, on 20th December 2023. The integrated mill produced CWF with a capacity of over 0.5m tonnes pa.
Will this be enough to bring Op Rates - and prices - back up?

Wishing One and All a Happy New Year 2024 from all at EMGE.

[EMGE Paper Industry Consultants @EMGELtd]

Paper demand growth in 2023 has been catastrophic, on levels normally associated with global crises, e.g. Covid or war. This growth, a direct result of paper prices rising around 100% in 2021-22.
So what's in store for 2024 prices?
We have our own ideas:
https://t.co/0YMMiWsAo6

[EMGE Paper Industry Consultants @EMGELtd]

Pulp prices pause in Europe during this week's London Pulp Week, and even rise in China; but what's actually happening to supply, stocks at mills and buyers, and how long/speculative is the China rebound? And what does it all mean for global paper demand?
https://t.co/92LK05RGU7

[EMGE Paper Industry Consultants @EMGELtd]

Paper prices are falling, Op Rates and Demand are horrendous. But Pulp Price falls have stalled (European BEKP down -42%), following the rally on Chinese pulp prices, but why?! EMGE have just released the latest WGP report with the Packaging report next. https://t.co/2BjoVaMbFj?

[EMGE Paper Industry Consultants @EMGELtd]

European Graphic Paper prices continue to slide through the summer months, as weak economic drivers combined with destocking, drives apparent demand down by historic levels. Another major European supermarket giant, Leclerc, joins paper exodus, affecting mainly SC Magazine papers

[EMGE Paper Industry Consultants @EMGELtd]

As a landslide hits Norske Skog's Saugsbrugs papermill forcing the closure of one machine, what does this mean for the industry, and especially for SC paper buyers in Europe and further afield?

https://t.co/wXPVOXlsUQ

https://t.co/RsnwZ96aMi

[EMGE Paper Industry Consultants @EMGELtd]

High pulp and paper stocks globally, combined with falling demand (2023 Q1 W. Europe Graphic Paper: -26% YoY) and lower production costs, are resulting in all prices dropping, some, very fast. Asian and European Newsprint prices have already fallen 18-20% since their 2022 peaks.

[EMGE Paper Industry Consultants @EMGELtd]

The sale of three of Sappi’s European graphic paper mills to the Aurelius Group falls through. These mills include Maastricht in NL, Stockstadt in Germany and Kirkniemi Mill in Finland, totalling over 1.2 million tonnes of paper capacity as well as pulp.

https://t.co/y2EokQGBK0

[EMGE Paper Industry Consultants @EMGELtd]

Paper prices falling. Mills reacting fast by slashing capacity. But how will this affect op. rates, and will this be enough to slow price falls, given current stocks, logistics and costs?
EMGE looks for answers in its latest Q. Paper Price Forecast report:
https://t.co/LnosxnOUCQ

[EMGE Paper Industry Consultants @EMGELtd]

Finally updated EMGE's latest World Graphic Papers report; forecasts for demand, production, trade, operating rates, 2023 leading suppliers and unspecified capacity closure scenarios to 2026; now in its 28th year and still popular in the industry:
https://t.co/92LK05RGU7

[EMGE Paper Industry Consultants @EMGELtd]

Tough year ahead for mills and for buyers. One effect of the current high paper prices is becoming more and more visible – increasing numbers of customers are turning their backs on print, and it’s having a very serious impact on demand.

https://t.co/miQWDjHMb9

[EMGE Paper Industry Consultants @EMGELtd]

As European Graphic Paper demand plummets (-29%) in December (vs 2021), another major casualty for the industry, with Crown van Gelder filing for bankruptcy. More turbulence ahead, for sure as debts rise amid high interest rates, falling prices, but some costs remaining high.