UPDATE 1-Brazil’s Suzano predicts better pulp prices, savings from merger; shares rise
12 Feb UPDATE 1-Brazil’s Suzano predicts better pulp prices, savings from merger; shares rise
Posted at 19:38h
in
News
by KMFSLLP
Brazilian pulpmaker Suzano SA
raised its estimates for cost savings from a merger
with Fibria and said it expected higher pulp prices this year,
sending shares up 3.7% in afternoon trading in Sao Paulo even as
the broader market fell.
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