European Consumption Continued to Recover, and European Pulp Stocks Fell for the Second Consecutive Month

In July 2021, the stock of pulp in European ports at the end of the month decreased by 3.69% month on month and 34.46% year-on-year. The total stock decreased from 1082000 tons at the end of June to 1042100 tons. At the end of July, the inventory of European countries showed different performance, and the inventory was lower than that of the same period last year. Market analysts believe that the continuous reduction of pulp inventory in Europe indicates that European consumption is recovering rapidly and the demand for pulp is still growing. If European demand continues to increase, or reduce the pressure on China's supply, because goods always flow to high prices.