The Port of Baltimore may see an increase in its share of U.S. wood-pulp imports after Suzano Papel e Celulose chose it as the shipments from Brazil. U.S. seaborne imports of wood-pulp climbed 15.4% year over year in the 12 months to Feb. 28, with Brazil accounting for 41.6% of the total. That comes as exports may have peaked for Brazilian producers including Fibria Celulosa and Veracel Celulosa after shipments to China fell 7.1% year over year in 2018 and slumped by 54.3% in January. Tariffs on most wood-pulp products are already set at zero, so it’s unlikely that there’s much President...
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