![]() ![]() “It’s a real shame mills are down,” said Joe Nemeth, manager of the BC Pulp and Paper Coalition. Canada accounts for about half the global production of such fiber, called northern bleached softwood kraft. That’s a region that produces a premium kind of pulp known for giving high-quality toilet paper a cushy feel. to idle or close operations in British Columbia. The turnaround caused producers from West Fraser Timber Co. In lumber, the market started plunging after a dizzying spike to a record high in 2021. That underscores why supply-driven inflation has been difficult to tame. Increased volatility, pandemic-induced logistical woes and Russia’s invasion of Ukraine have caused wild price swings and some shortages across raw materials. The saga of toilet paper shows just how difficult it is for global supply chains to bounce back from the snarls that have tormented commodity markets over the past few years. US retail prices for toilet paper have already surged about 20% from July 2021 to the end of last year, according to NielsenIQ. have implemented price hikes in an effort to boost margins. Now, the world is facing a squeeze for wood pulp - the raw material for products like bath tissue.Ĭosts for pulp globally are climbing, and toilet paper makers including Kimberly-Clark Corp. That’s causing ripples across the global paper supply chain, which depends on the byproducts produced at the plants. In Canada, the world’s largest softwood lumber producer, roughly a third of sawmill capacity is now shuttered in British Columbia. As a result, sawmills are closing up shop. ![]() The housing downturn has sparked a crisis in lumber, sending futures tumbling more than 60% in the past 12 months. US Downs Unknown Object Over Alaska as China Tension GrowsĬlock Is Ticking Louder on a Stock Rally the Pros Never Believed In Object Shot Down Over Canada in Escalating Aerial DramaĬanada Shoots Down 'Unidentified Object' That Violated Its AirspaceīlackRock, Pimco Push Back Against Bets Inflation Cooling Fast ![]() (Bloomberg) - Toilet paper prices are on the rise yet again, and the blame can be pinned on an unexpected culprit: the housing market slump. ![]()
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