Mercer(MERC) - 2023 Q1 - Earnings Call Transcript

Conference Call Participants I will now hand the call over to David Ure. Please go ahead. Softwood pulp prices were steady through most of Q1, but fell off about $50 per ton on average late in the quarter. During this same period, hardwood prices in China fell roughly $185 per ton. Subsequent to the end of the quarter, pulp prices in China have continued to weaken. At these low prices, we expect Asian integrated hardwood production to curtail, which will help support prices. However, we expect the gap betwe ...