Pulp Market Forces Fibria Celulose SA Shares Higher - Analyst Outlook via BrokerBank Securities, Inc.
NEW YORK, May 13, 2015 /PRNewswire/ - Shares of Fibria Celulose SA (NSYEMKT: FBR) rallied 5% on Tuesday. Strong demand growth of eucalyptus pulp sales, especially from Asia, more than offset increase supply from capacity that came on-line during 2014. As a result, pulp producers have recently been able to increase prices. China continues to drive demand, accounting for 40% of the additional volume. North American demand also saw a pickup in demand in 1Q15 vs 1Q14.
Fibria Celulose SA is a global leader in the production of bleached hardwood kraft pulp which is raw material used in the manufacturing of toilet paper, coated and uncoated paper for printing and writing, and coated cardboard for packaging. The company's forest base is 969 thousand hectares in Brasil.
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SOURCE BrokerBank Securities, Inc.
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