January 18, 2017 / 7:12 PM / a year ago

Brazil's Suzano to raise wood pulp prices by $30/tn - source

SAO PAULO, Jan 18 (Reuters) - Brazilian paper and wood pulp maker Suzano Papel e Celulose SA announced to customers on Wednesday it was raising pulp prices by $30 per tonne, according to a source familiar with the decision.

The price hike follows similar moves by Brazilian rivals Fibria Celulose SA and Eldorado Brasil Celulose SA. Suzano representatives declined to comment immediately on the price hike. (Reporting by Paula Laier; writing by Brad Haynes, editing by G Crosse)

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