Higher lumber deliveries lifted sales, while high wood and logistics costs and weak chipboard demand reduced earnings.
Contrachapado
Economic uncertainty is delaying equipment orders, while cost savings are reducing customer maintenance activity and Services demand.
Price for plywood exported from Chile slipped 1.3%.
Price for plywood imported to Taiwan grew 5%.
Brazil’s plywood exports fell 17% overall, while shipments to Mexico rose 58% and exports to the United States declined 23%.
Price for plywood exported from Brazil dipped 1.0%.
Lower wood and fixed costs partly offset weaker pulp and paperboard prices, while maintenance shutdowns will reduce third-quarter earnings.
Price for plywood exported from Malaysia to the U.S. grew 10%.
Price for plywood exported from Cambodia to the U.S. contracted 21%.
Price for plywood exported from Russia to the U.S. contracted 11%.
Imports of plywood to the U.S. declined only 0.9%.
Project could generate 0.5% of Latvia's GDP and reduce emissions by 6%.
Price for plywood imported to Mexico slipped 2%.
Price for plywood imported to Japan gained 2%.
Price for plywood imported to Egypt increased 6%.
Price for plywood exported from Russia to China contracted 22%.
Price for plywood exported from China rose 1.2%.
Compared with the previous month, production was up 14%.
Prices were up 6.8% from a year earlier while Canada's broader factory-gate prices were up 12.4% year over year.
Higher pulp prices, strong renewable fuel demand and growth in advanced materials supported results, while weak graphic paper demand, high wood costs and geopolitical uncertainty continued to weigh on parts of the business.