Core Insights - Chilean forestry company Arauco reported a loss of $9.9 million in the first nine months of the year due to low pulp prices [1] - CMPC's profit decreased by 65.8% at the end of the third quarter, primarily due to weak regional consumption and oversupply in the global household paper market [1] - Chile's forestry product shipments fell by 23.3% year-on-year in October, marking the fourth consecutive month of decline [1] Industry Challenges - The imposition of a 10% tariff on U.S. lumber products increases the risk of further export declines and may have indirect effects on other markets [1] - Chilean forestry companies are focusing on cost optimization and value-added strategies due to uncertainties surrounding tariffs and intense competition in the commodity market [1] - Frequent wildfires in Chile have impacted current and future wood supply, leading to an estimated loss of 350,000 hectares of production land and 48,000 jobs, with 164 sawmills closing nationwide, threatening the sustainable development of Chile's forestry sector [1]