Mercer(MERC) - 2023 Q2 - Earnings Call Transcript

Moving on to pulpwood, in Q2 we saw prices decrease overall. In Germany, we worked through our high-cost inventory while demand for fiber remains strong for Canadian mills. Looking ahead, we expect further modest declines in pulpwood at our German mills, though we are seeing early signs of increased demand from the energy market, which could negative impact our fiber costs for chips. Similarly, we're expecting the fiber costs at our Canadian mills to decline modestly in Q3. This aligns perfectly with our st ...