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Readout of USDOT’s Supply Chain Coordination Meeting with Stakeholders

European pulp prices continue to rise as manufacturers announce additional hikes for April, citing tight supply in the softwood pulp market due to strikes, technical issues and maintenance work; demand for pulp strong in early Q2, but market remains tight

UPM ramping up production at its Finnish mills that were affected by strikes in the logistics sector; paper machines at UPM Rauma, UPM Jämsänkoski mill restarting, and pulp, paper production starting up at UPM Kymi and UPM Kaukas mills

Steelworkers’ strike appears imminent at Société ferroviaire et portuaire de Pointe-Noire

CIBC Paper Wrapper (April 5): Pulp futures lack momentum, and Canadian NBSK pricing in China flat week-over-week at US$780-US$800/tonne; Finnish union strikes will be suspended on April 8, have resulted in supply disruptions in Finnish pulp/paper industry

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