ARA

Aracruz Celulose S.A.

Andrew Shapiro
Odeon sees acquisitions of existing NBSK capacity more likely than starts of new capacity $MERC $CFPZF.PK $FBK $UFS $ARA $FBR $ASH $SEOAY.PK

Andrew Shapiro
wood pulp futures readjust upwards, further reducing expected pricing declines. $MERC $ARA $CFPZF.PK $FBR $FBK $SEO $UFS $IP $ASH $SEOAY.PK

Andrew Shapiro
CS pulp analyst - "the weakness in China seen over the last 5-6 months has approached an end." $FBR $MERC $ARA $CFPUF.PK $UFS $RFP $IP

Andrew Shapiro
CS pulp analyst "short-term correction should be considerably milder than consensus," $FBR $MERC $ARA $CFPUF.PK $UFS $RFP $SEO $IP