UPM Keeps 2024 Outlook Unchanged
Oct 29 (Reuters) -UPM-Kymmene Oyj UPM.HE:
RENEWABLE FIBRES: PULP MARKET DEMAND SLOWED DOWN DURING SUMMER AND PRICES DECREASED CONSEQUENTLY
RENEWABLE FIBRES: DEMAND SLOWDOWN AND PRICE DECREASES WERE MORE PRONOUNCED FOR HARDWOOD PULP IN CHINA
RENEWABLE FIBRES: IN FINLAND, WOOD COST HAS REACHED UNSUSTAINABLE LEVELS
ADVANCED MATERIALS: WE SEE ATTRACTIVE GROWTH PROSPECTS IN ADVANCED MATERIALS IN MEDIUM TO LONG TERM
ADVANCED MATERIALS: DELIVERIES IN UPM RAFLATAC AND UPM SPECIALTY PAPERS WERE LOWER THAN ORIGINALLY EXPECTED, AS DEMAND SLOWED DOWN AFTER STRONG START OF YEAR
ADVANCED MATERIALS: UPM SPECIALTY PAPERS WAS ALSO IMPACTED BY PEAK FIBRE COSTS AND WEAKNESS IN CHINESE FINE PAPER MARKET
OUTLOOK FOR 2024 ANNOUNCED ON OCT 16 UNCHANGED
Source text: ID:nWkr2rvSnh
Further company coverage: UPM.HE
Reporting by vera dvorakova
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