Global paper and board prices will fluctuate slightly in the third quarter

[ppzhan] Stora Enso's experts believe that the assessment, the prospects for the third quarter are mixed, and still full of uncertainty. It is expected that the market demand of all paper products divisions of the Group will still be significantly lower than before the 2008 financial crisis. Prices for many products are expected to rise slightly, or higher than the second quarter of 2010. The burden of variable costs, especially wood costs, in the third quarter was significantly greater than in the second quarter. In addition, a large number of maintenance shutdowns will adversely affect the performance of the third quarter of 2010. Stora Enso stated that the development history, in order to operate at an acceptable level of profit, the Group needs to continue to focus on cost and capacity management.

In Europe, market demand for newsprint is expected to be similar to the third quarter of 2009 and the second quarter of 2010. The market demand for coated magazine paper is expected to be stronger than the same period in 2009 and will be stronger than the second quarter of 2010 due to seasonal reasons. Demand for uncoated magazine paper is expected to be flat with the third quarter of 2009, but seasonal factors will be better than the second quarter of 2010.

The market demand for cultural paper is expected to be stronger than the third quarter of 2009, but will be weaker than the second quarter of 2010 due to seasonal reasons. In terms of civilian paperboard and industrial packaging products, market demand is expected to be stronger than the third quarter of 2009, but will be similar to the second quarter of 2010.

In Europe, newsprint prices are expected to rise slightly from the third quarter, but will still be significantly lower than the 2009 level. Newsprint prices in markets outside Finland are expected to rise further online, and magazine paper prices will be higher than in the second quarter of 2010. The price of cultural paper is expected to rise in the third quarter of 2010. For non-contracted businesses, the price of civilian cardboard is expected to rise. It is expected that there will be some selective increase in the prices of industrial packaging paper and wood products.

In China, the market's demand for uncoated magazine paper is expected to fall to the same level last year due to seasonal reasons, but prices will rise slightly. The market demand for coated paper is expected to be stronger than the same period in 2009 and similar to the second quarter of 2010. However, the price of coated paper will fall due to the organization/organization, due to the new capacity being put into production.

In Latin America, demand for coated magazine paper is expected to be slightly weaker than the same period last year due to inventory accumulation, but will be stronger than solar chemistry in the second quarter of 2010, and prices will rise slightly.

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