Fastmarkets：2026年全球纸浆市场洞察报告：变革之年-产能关停与需求变局如何重塑全球纸浆市场（英文版）（18页）.pdf

1、Global pulp market 2026:A year of transformation How capacity closures and demand shifts are reshaping the global pulp market March 20262 Global pulp market 2026:A year of transformation03 Executive summary04 Market context:Why 2026 marks a pivotal shift05 Unveiling hidden pressures in supply and in

2、ventory07 Chinas role in shaping demand trends10 Navigating supply shocks and capacity changes12 Price outlook:Forecasting a fragile and uneven recovery14 Potential scenarios that could reshape the market16 Essential insights for strategic decisions17 Fastmarkets pulp benchmark prices and insightsCo

3、ntentsThe 2026 pulp market will not be defined by demand recovery alone but by who can navigate fibre constraints fastest.“March 20263 Global pulp market 2026:A year of transformationThe global pulp market is entering a period of significant change in 2026.Supply disruptions in Asia are creating new

4、 challenges for fiber availability and costs worldwide.A key event is Indonesias decision to revoke forestry permits for 22 pulpwood plantations,an action that is changing how and where pulp is produced.At the same time,major capacity additions,such as APPs OKI II expansion,face delays and are now e

5、xpected closer to the end of the year.Now,with the conflict in the Middle East stretching into a third week,energy and freights rates are surging higher threatening to derail progress towards taming inflation and forcing central banks to reconsider rate cuts in 2026.Together,these factors are expect

6、ed to compress margins across the industry value chain,leading to an increased risk of capacity closures.Tightening global supply for BHK will help to form a rising tide that can support all markets before the next major wave of capacity expansion arrives in late 2027.We are already seeing early sig