CMPC reported a 2.7% year over year increase in revenues after the pulp and paper manufacturer’s volumes sold soared but its achieved prices slumped. The firm faces logistics challenges in the new year with the firm’s pulp business CEO, Raimundo Varela Labbé stating “congestion and this delay in shipments is affecting raw materials and creating a sense of emptiness in the supply chain”. U.S. seaborne imports linked to CMPC have been highly volatile, slumping 31.2% lower year over year in January before climbing 75.3% higher in February. Wood pump imports linked to the firm have been gro...
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