Saturday, April 20, 2024
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Tag Archives: money

Investments in a new ECO system

The prices for paper raw material from eucalyptus are falling. Last month, woodcutters in Portugal were working day after day to chop down as much eucalyptus as possible to be paid the old price of between 38 and 40 euros per tonne by Portucel/Soporcel. Now the prices are below 30 euros per tonne and there are far too many eucalyptus forests in the country. What will happen to them now? There is a lot of supply, but demand is low. This is good for the paper producer Portucel/Soporcel, but bad for the forest and land owners who are geared toward …

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