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June 22, 2020

Moody’s: coronavirus pandemic, oversupply to limit price recovery in the global forest products industry

Moody’s: coronavirus pandemic, oversupply to limit price recovery in the global forest products industry

The coronavirus pandemic is pressuring global demand and the oversupply across many regions will either limit price recovery or drive prices for most grades lower.

Moody’s Investors Service’s outlook for the global paper, packaging and forest products industry remains negative in a newly updated report of its expectations for the next 12 months.

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