Suzano Blames China's Toilet Paper Shift for Pulp Demand Woes.

Suzano SA, the world's leading wood pulp exporter, is facing challenges due to a shift in Chinese paper companies' demand for producing their own pulp, impacting the demand for hardwood pulp. This shift, along with new supply from South America, is expected to lead to global production exceeding demand until 2028. Despite these challenges, Suzano remains optimistic about potential opportunities, with a focus on maintaining low production costs and exploring growth in the US packaging business through smaller acquisitions. The company's shares have seen a 25% increase in Brazil over the past year, and while plans for new plant investments are being questioned, Suzano is still considering future steps cautiously. [Extracted from the article]